House Positions
posted on
Jul 23, 2014 11:31PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.165 no change
House Positions for C:FO from 20140723 to 20140723 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
129,000 |
21,335 |
0.165 |
37,000 |
6,290 |
0.17 |
92,000 |
-15,045 |
|
33,327 |
5,665 |
0.17 |
6,000 |
1,020 |
0.17 |
27,327 |
-4,645 |
|
7,000 |
1,155 |
0.165 |
5,000 |
825 |
0.165 |
2,000 |
-330 |
|
0 |
|
100 |
16 |
0.16 |
-100 |
16 |
||
100 |
16 |
0.16 |
327 |
55 |
0.168 |
-227 |
39 |
|
0 |
|
13,000 |
2,145 |
0.165 |
-13,000 |
2,145 |
||
11,000 |
1,815 |
0.165 |
40,000 |
6,600 |
0.165 |
-29,000 |
4,785 |
|
4,000 |
660 |
0.165 |
83,000 |
13,695 |
0.165 |
-79,000 |
13,035 |
|
TOTAL |
184,427 |
30,646 |
0.166 |
184,427 |
30,646 |
0.166 |
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.