House Positions
posted on
Aug 14, 2014 11:38PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.16 no change
House Positions for C:FO from 20140814 to 20140814 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
30,000 |
4,950 |
0.165 |
0 |
|
30,000 |
-4,950 |
||
17,580 |
2,900 |
0.165 |
0 |
|
17,580 |
-2,900 |
||
16,500 |
2,640 |
0.16 |
0 |
|
16,500 |
-2,640 |
||
9,500 |
1,520 |
0.16 |
225 |
36 |
0.16 |
9,275 |
-1,484 |
|
4,000 |
659 |
0.165 |
0 |
|
4,000 |
-659 |
||
225 |
36 |
0.16 |
80 |
13 |
0.163 |
145 |
-23 |
|
0 |
|
2,000 |
320 |
0.16 |
-2,000 |
320 |
||
500 |
82 |
0.164 |
5,500 |
880 |
0.16 |
-5,000 |
798 |
|
0 |
|
18,500 |
2,960 |
0.16 |
-18,500 |
2,960 |
||
10,000 |
1,600 |
0.16 |
62,000 |
10,178 |
0.164 |
-52,000 |
8,578 |
|
TOTAL |
88,305 |
14,387 |
0.163 |
88,305 |
14,387 |
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.