House Positions
posted on
Aug 06, 2014 11:29PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.16 no change
House Positions for C:FO from 20140806 to 20140806 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
106,000 |
16,960 |
0.16 |
0 |
|
106,000 |
-16,960 |
||
58,000 |
9,280 |
0.16 |
12,500 |
2,000 |
0.16 |
45,500 |
-7,280 |
|
3,000 |
480 |
0.16 |
1,500 |
240 |
0.16 |
1,500 |
-240 |
|
0 |
|
1,000 |
160 |
0.16 |
-1,000 |
160 |
||
3,000 |
480 |
0.16 |
4,000 |
640 |
0.16 |
-1,000 |
160 |
|
0 |
|
10,000 |
1,600 |
0.16 |
-10,000 |
1,600 |
||
0 |
|
10,000 |
1,600 |
0.16 |
-10,000 |
1,600 |
||
0 |
|
20,000 |
3,200 |
0.16 |
-20,000 |
3,200 |
||
0 |
|
23,000 |
3,680 |
0.16 |
-23,000 |
3,680 |
||
0 |
|
88,000 |
14,080 |
0.16 |
-88,000 |
14,080 |
||
TOTAL |
170,000 |
27,200 |
0.16 |
170,000 |
27,200 |
0.16 |
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.