House Positions
posted on
Jul 10, 2014 12:30AM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.17 no change
House Positions for C:FO from 20140709 to 20140709 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
78,500 |
13,345 |
0.17 |
7,000 |
1,190 |
0.17 |
71,500 |
-12,155 |
|
1,559 |
263 |
0.169 |
0 |
|
1,559 |
-263 |
||
0 |
|
276 |
46 |
0.167 |
-276 |
46 |
||
0 |
|
500 |
85 |
0.17 |
-500 |
85 |
||
0 |
|
800 |
136 |
0.17 |
-800 |
136 |
||
0 |
|
1,483 |
251 |
0.169 |
-1,483 |
251 |
||
0 |
|
3,000 |
510 |
0.17 |
-3,000 |
510 |
||
0 |
|
8,000 |
1,360 |
0.17 |
-8,000 |
1,360 |
||
2,000 |
340 |
0.17 |
61,000 |
10,370 |
0.17 |
-59,000 |
10,030 |
|
TOTAL |
82,059 |
13,948 |
0.17 |
82,059 |
13,948 |
0.17 |
0 |
0 |
.
Follow the long-term strategy.
Rule to long-term investing:
When you find a value stock put it in your portfolio and hold; like Burlingame, like Soliter, like Sweetpea, like Persistency.....
When big players are set to acquire a big position in a company, they always employ agents to accumulate the shares on the open market, then months later a transaction will occur between the parties for a healthy profit for the agents. On the other hand the buyer saves a lot of money for not buying it on the open markets.
This is how Burlingame acquired 105,835,269 shares in 2008 and 2009.
Apparently the backroom-boys thinking of doing the same thing.