House Positions
posted on
Sep 19, 2014 12:28AM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.155 no change
House Positions for C:FO from 20140918 to 20140918 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
20,000 |
3,240 |
0.162 |
0 |
|
20,000 |
-3,240 |
||
13,500 |
2,092 |
0.155 |
0 |
|
13,500 |
-2,092 |
||
5,500 |
880 |
0.16 |
0 |
|
5,500 |
-880 |
||
100 |
15 |
0.15 |
0 |
|
100 |
-15 |
||
2,500 |
400 |
0.16 |
3,000 |
470 |
0.157 |
-500 |
70 |
|
0 |
|
2,600 |
402 |
0.155 |
-2,600 |
402 |
||
0 |
|
3,000 |
480 |
0.16 |
-3,000 |
480 |
||
0 |
|
9,000 |
1,440 |
0.16 |
-9,000 |
1,440 |
||
0 |
|
24,000 |
3,835 |
0.16 |
-24,000 |
3,835 |
||
TOTAL |
41,600 |
6,627 |
0.159 |
41,600 |
6,627 |
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.