House Positions
posted on
Aug 01, 2014 11:39PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.155 down .005
House Positions for C:FO from 20140801 to 20140801 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
101,000 |
15,654 |
0.155 |
0 |
|
101,000 |
-15,654 |
||
88,500 |
13,832 |
0.156 |
0 |
|
88,500 |
-13,832 |
||
22,500 |
3,600 |
0.16 |
9,000 |
1,395 |
0.155 |
13,500 |
-2,205 |
|
4,000 |
640 |
0.16 |
0 |
|
4,000 |
-640 |
||
589 |
91 |
0.154 |
0 |
|
589 |
-91 |
||
11,500 |
1,782 |
0.155 |
11,610 |
1,854 |
0.16 |
-110 |
72 |
|
0 |
|
500 |
80 |
0.16 |
-500 |
80 |
||
0 |
|
4,000 |
640 |
0.16 |
-4,000 |
640 |
||
0 |
|
10,000 |
1,550 |
0.155 |
-10,000 |
1,550 |
||
0 |
|
32,500 |
5,117 |
0.157 |
-32,500 |
5,117 |
||
10,000 |
1,550 |
0.155 |
50,000 |
7,790 |
0.156 |
-40,000 |
6,240 |
|
20,000 |
3,100 |
0.155 |
140,479 |
21,823 |
0.155 |
-120,479 |
18,723 |
|
TOTAL |
258,089 |
40,249 |
0.156 |
258,089 |
40,249 |
0.156 |
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.....
Keeping a keen eye on the one trillion dollars prize.
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.