House Positions
posted on
Feb 11, 2014 10:19PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.18 no change
House Positions for C:FO from 20140211 to 20140211 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
128,000 |
23,679 |
0.185 |
0 |
|
128,000 |
-23,679 |
||
68,000 |
12,669 |
0.186 |
0 |
|
68,000 |
-12,669 |
||
64,000 |
11,840 |
0.185 |
0 |
|
64,000 |
-11,840 |
||
40,500 |
7,492 |
0.185 |
0 |
|
40,500 |
-7,492 |
||
18,000 |
3,330 |
0.185 |
7,500 |
1,387 |
0.185 |
10,500 |
-1,943 |
|
9,000 |
1,657 |
0.184 |
0 |
9,000 |
-1,657 |
|||
7,000 |
1,311 |
0.187 |
2,000 |
380 |
0.19 |
5,000 |
-931 |
|
556 |
102 |
0.183 |
203 |
37 |
0.182 |
353 |
-65 |
|
0 |
|
355 |
65 |
0.183 |
-355 |
65 |
||
0 |
|
19,500 |
3,600 |
0.185 |
-19,500 |
3,600 |
||
0 |
|
44,000 |
8,138 |
0.185 |
-44,000 |
8,138 |
||
22,203 |
4,101 |
0.185 |
283,701 |
52,574 |
0.185 |
-261,498 |
48,473 |
|
TOTAL |
357,259 |
66,181 |
0.185 |
357,259 |
66,181 |
0.185 |
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.