House Positions
posted on
Sep 16, 2014 11:42PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.16 down .01
House Positions for C:FO from 20140916 to 20140916 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
85,500 |
14,107 |
0.165 |
36,000 |
5,810 |
0.161 |
49,500 |
-8,297 |
|
34,500 |
5,520 |
0.16 |
2,500 |
400 |
0.16 |
32,000 |
-5,120 |
|
4,500 |
720 |
0.16 |
0 |
|
4,500 |
-720 |
||
200 |
32 |
0.16 |
19 |
3 |
0.158 |
181 |
-29 |
|
0 |
|
4,000 |
640 |
0.16 |
-4,000 |
640 |
||
19 |
3 |
0.158 |
10,150 |
1,661 |
0.164 |
-10,131 |
1,658 |
|
0 |
|
16,050 |
2,628 |
0.164 |
-16,050 |
2,628 |
||
0 |
|
23,000 |
3,795 |
0.165 |
-23,000 |
3,795 |
||
0 |
|
33,000 |
5,445 |
0.165 |
-33,000 |
5,445 |
||
TOTAL |
124,719 |
20,382 |
0.163 |
124,719 |
20,382 |
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.