House Positions
posted on
Jul 17, 2014 11:36PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.165 down .005
House Positions for C:FO from 20140717 to 20140717 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
15,000 |
2,475 |
0.165 |
0 |
|
15,000 |
-2,475 |
||
10,000 |
1,649 |
0.165 |
0 |
|
10,000 |
-1,649 |
||
10,000 |
1,650 |
0.165 |
0 |
|
10,000 |
-1,650 |
||
17,500 |
2,887 |
0.165 |
15,000 |
2,475 |
0.165 |
2,500 |
-412 |
|
2,000 |
330 |
0.165 |
0 |
|
2,000 |
-330 |
||
765 |
126 |
0.165 |
0 |
|
765 |
-126 |
||
0 |
|
200 |
33 |
0.165 |
-200 |
33 |
||
0 |
|
7,700 |
1,270 |
0.165 |
-7,700 |
1,270 |
||
0 |
|
32,365 |
5,339 |
0.165 |
-32,365 |
5,339 |
||
TOTAL |
55,265 |
9,117 |
0.165 |
55,265 |
9,117 |
0.165 |
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.