House Positions
posted on
Jul 12, 2014 12:13AM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.165 no change
House Positions for C:FO from 20140711 to 20140711 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
25,000 |
4,200 |
0.168 |
10,000 |
1,650 |
0.165 |
15,000 |
-2,550 |
|
13,500 |
2,295 |
0.17 |
0 |
|
13,500 |
-2,295 |
||
1,500 |
255 |
0.17 |
0 |
|
1,500 |
-255 |
||
643 |
105 |
0.163 |
105 |
17 |
0.162 |
538 |
-88 |
|
0 |
|
245 |
40 |
0.163 |
-245 |
40 |
||
105 |
17 |
0.162 |
500 |
85 |
0.17 |
-395 |
68 |
|
0 |
|
398 |
65 |
0.163 |
-398 |
65 |
||
0 |
|
2,500 |
425 |
0.17 |
-2,500 |
425 |
||
0 |
|
4,000 |
680 |
0.17 |
-4,000 |
680 |
||
0 |
|
10,000 |
1,700 |
0.17 |
-10,000 |
1,700 |
||
0 |
|
13,000 |
2,210 |
0.17 |
-13,000 |
2,210 |
||
TOTAL |
40,748 |
6,872 |
0.169 |
40,748 |
6,872 |
0.169 |
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.