House Positions
posted on
Feb 07, 2014 10:57PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.18 down .005
House Positions for C:FO from 20140207 to 20140207 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
20,000 |
3,700 |
0.185 |
5,000 |
900 |
0.18 |
15,000 |
-2,800 |
|
16,000 |
2,880 |
0.18 |
2,000 |
360 |
0.18 |
14,000 |
-2,520 |
|
5,000 |
925 |
0.185 |
0 |
|
5,000 |
-925 |
||
350 |
63 |
0.18 |
0 |
|
350 |
-63 |
||
0 |
|
150 |
27 |
0.18 |
-150 |
27 |
||
0 |
|
1,000 |
180 |
0.18 |
-1,000 |
180 |
||
0 |
|
8,000 |
1,440 |
0.18 |
-8,000 |
1,440 |
||
0 |
|
8,000 |
1,480 |
0.185 |
-8,000 |
1,480 |
||
12,000 |
2,220 |
0.185 |
29,200 |
5,401 |
0.185 |
-17,200 |
3,181 |
|
TOTAL |
53,350 |
9,788 |
0.183 |
53,350 |
9,788 |
0.183 |
0 |
0 |
.
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.....
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.