House Positions
posted on
Aug 08, 2014 11:37PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.16 down .015
House Positions for C:FO from 20140808 to 20140808 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
83,750 |
13,578 |
0.162 |
100 |
16 |
0.16 |
83,650 |
-13,562 |
|
20,000 |
3,200 |
0.16 |
0 |
|
20,000 |
-3,200 |
||
15,000 |
2,475 |
0.165 |
0 |
|
15,000 |
-2,475 |
||
10,000 |
1,650 |
0.165 |
0 |
|
10,000 |
-1,650 |
||
615 |
100 |
0.163 |
0 |
|
615 |
-100 |
||
150 |
24 |
0.16 |
365 |
59 |
0.162 |
-215 |
35 |
|
500 |
82 |
0.164 |
3,000 |
495 |
0.165 |
-2,500 |
413 |
|
6,500 |
1,072 |
0.165 |
10,000 |
1,600 |
0.16 |
-3,500 |
528 |
|
0 |
|
9,550 |
1,528 |
0.16 |
-9,550 |
1,528 |
||
0 |
|
16,500 |
2,722 |
0.165 |
-16,500 |
2,722 |
||
1,500 |
247 |
0.165 |
18,000 |
2,880 |
0.16 |
-16,500 |
2,633 |
|
0 |
|
23,000 |
3,680 |
0.16 |
-23,000 |
3,680 |
||
0 |
|
57,500 |
9,448 |
0.164 |
-57,500 |
9,448 |
||
TOTAL |
138,015 |
22,428 |
0.163 |
138,015 |
22,428 |
0.163 |
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.