House Positions
posted on
Sep 18, 2014 12:04AM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.155 down .005
House Positions for C:FO from 20140917 to 20140917 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
90,000 |
14,400 |
0.16 |
0 |
|
90,000 |
-14,400 |
||
16,000 |
2,480 |
0.155 |
0 |
|
16,000 |
-2,480 |
||
9,000 |
1,440 |
0.16 |
0 |
|
9,000 |
-1,440 |
||
200 |
31 |
0.155 |
0 |
|
200 |
-31 |
||
0 |
|
200 |
31 |
0.155 |
-200 |
31 |
||
0 |
|
500 |
80 |
0.16 |
-500 |
80 |
||
4,500 |
720 |
0.16 |
8,000 |
1,280 |
0.16 |
-3,500 |
560 |
|
0 |
|
5,000 |
800 |
0.16 |
-5,000 |
800 |
||
0 |
|
26,000 |
4,080 |
0.157 |
-26,000 |
4,080 |
||
0 |
|
80,000 |
12,800 |
0.16 |
-80,000 |
12,800 |
||
TOTAL |
119,700 |
19,071 |
0.159 |
119,700 |
19,071 |
0.159 |
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.