House Positions
posted on
Jul 16, 2014 11:28PM
Developing large acreage positions of unconventional and conventional oil and gas resources
|
Closed @ $0.17 no change House Positions for C:FO from 20140716 to 20140716 |
|
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
|
98,000 |
16,660 |
0.17 |
0 |
|
98,000 |
-16,660 |
||
|
28,992 |
4,928 |
0.17 |
0 |
|
28,992 |
-4,928 |
||
|
4,000 |
680 |
0.17 |
0 |
|
4,000 |
-680 |
||
|
270 |
44 |
0.163 |
492 |
83 |
0.169 |
-222 |
39 |
|
|
0 |
|
270 |
44 |
0.163 |
-270 |
44 |
||
|
0 |
|
2,500 |
425 |
0.17 |
-2,500 |
425 |
||
|
0 |
|
3,500 |
595 |
0.17 |
-3,500 |
595 |
||
|
0 |
|
124,500 |
21,165 |
0.17 |
-124,500 |
21,165 |
||
|
TOTAL |
131,262 |
22,312 |
0.17 |
131,262 |
22,312 |
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.
