House Positions
posted on
Jul 25, 2014 01:00AM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0165 no change
House Positions for C:FO from 20140724 to 20140724 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
77,500 |
12,785 |
0.165 |
10,000 |
1,650 |
0.165 |
67,500 |
-11,135 |
|
380 |
62 |
0.163 |
0 |
|
380 |
-62 |
||
0 |
|
500 |
85 |
0.17 |
-500 |
85 |
||
0 |
|
1,000 |
165 |
0.165 |
-1,000 |
165 |
||
7,000 |
1,155 |
0.165 |
9,000 |
1,485 |
0.165 |
-2,000 |
330 |
|
0 |
|
4,500 |
742 |
0.165 |
-4,500 |
742 |
||
0 |
|
6,500 |
1,071 |
0.165 |
-6,500 |
1,071 |
||
500 |
85 |
0.17 |
9,880 |
1,629 |
0.165 |
-9,380 |
1,544 |
|
3,000 |
495 |
0.165 |
13,000 |
2,145 |
0.165 |
-10,000 |
1,650 |
|
0 |
|
14,000 |
2,310 |
0.165 |
-14,000 |
2,310 |
||
0 |
|
20,000 |
3,300 |
0.165 |
-20,000 |
3,300 |
||
TOTAL |
88,380 |
14,582 |
0.165 |
88,380 |
14,582 |
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.