House Positions
posted on
Sep 06, 2014 01:25AM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.165 no change
House Positions for C:FO from 20140905 to 20140905 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
52,500 |
8,662 |
0.165 |
2,000 |
330 |
0.165 |
50,500 |
-8,332 |
|
50,000 |
8,250 |
0.165 |
0 |
|
50,000 |
-8,250 |
||
20,000 |
3,300 |
0.165 |
0 |
|
20,000 |
-3,300 |
||
285 |
48 |
0.168 |
0 |
|
285 |
-48 |
||
168 |
28 |
0.167 |
0 |
|
168 |
-28 |
||
0 |
|
453 |
76 |
0.168 |
-453 |
76 |
||
0 |
|
3,500 |
577 |
0.165 |
-3,500 |
577 |
||
0 |
|
7,000 |
1,155 |
0.165 |
-7,000 |
1,155 |
||
0 |
|
110,000 |
18,150 |
0.165 |
-110,000 |
18,150 |
||
TOTAL |
122,953 |
20,288 |
0.165 |
122,953 |
20,288 |
0.165 |
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.