House Positions
posted on
Jul 29, 2014 11:29PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.165 no change
House Positions for C:FO from 20140729 to 20140729 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
87,500 |
14,437 |
0.165 |
4,500 |
720 |
0.16 |
83,000 |
-13,717 |
|
43,500 |
7,177 |
0.165 |
0 |
|
43,500 |
-7,177 |
||
37,000 |
5,920 |
0.16 |
1,000 |
160 |
0.16 |
36,000 |
-5,760 |
|
19,000 |
3,134 |
0.165 |
1,500 |
247 |
0.165 |
17,500 |
-2,887 |
|
5,000 |
825 |
0.165 |
0 |
|
5,000 |
-825 |
||
26,000 |
4,290 |
0.165 |
22,000 |
3,520 |
0.16 |
4,000 |
-770 |
|
3,700 |
610 |
0.165 |
0 |
|
3,700 |
-610 |
||
600 |
96 |
0.16 |
645 |
105 |
0.163 |
-45 |
9 |
|
0 |
|
2,000 |
330 |
0.165 |
-2,000 |
330 |
||
6,500 |
1,040 |
0.16 |
16,500 |
2,640 |
0.16 |
-10,000 |
1,600 |
|
0 |
|
13,900 |
2,224 |
0.16 |
-13,900 |
2,224 |
||
31,445 |
5,042 |
0.16 |
54,200 |
8,866 |
0.164 |
-22,755 |
3,824 |
|
0 |
|
144,000 |
23,759 |
0.165 |
-144,000 |
23,759 |
||
TOTAL |
260,245 |
42,571 |
0.164 |
260,245 |
42,571 |
0.164 |
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.