House Positions
posted on
Mar 20, 2014 10:06PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.18 down .01
House Positions for C:FO from 20140320 to 20140320 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
350,000 |
64,750 |
0.185 |
0 |
|
350,000 |
-64,750 |
||
100,000 |
18,500 |
0.185 |
20,000 |
3,665 |
0.183 |
80,000 |
-14,835 |
|
80,000 |
14,810 |
0.185 |
400 |
76 |
0.19 |
79,600 |
-14,734 |
|
54,000 |
10,260 |
0.19 |
0 |
|
54,000 |
-10,260 |
||
51,500 |
9,527 |
0.185 |
0 |
|
51,500 |
-9,527 |
||
31,500 |
5,827 |
0.185 |
0 |
|
31,500 |
-5,827 |
||
144,600 |
26,689 |
0.185 |
116,500 |
21,730 |
0.187 |
28,100 |
-4,959 |
|
15,000 |
2,850 |
0.19 |
990 |
182 |
0.184 |
14,010 |
-2,668 |
|
5,000 |
925 |
0.185 |
0 |
|
5,000 |
-925 |
||
4,400 |
816 |
0.185 |
0 |
|
4,400 |
-816 |
||
3,000 |
554 |
0.185 |
1,500 |
277 |
0.185 |
1,500 |
-277 |
|
1,000 |
185 |
0.185 |
0 |
|
1,000 |
-185 |
||
1,190 |
219 |
0.184 |
494 |
93 |
0.188 |
696 |
-126 |
|
494 |
93 |
0.188 |
300 |
56 |
0.187 |
194 |
-37 |
|
4,000 |
740 |
0.185 |
705,500 |
130,666 |
0.185 |
-701,500 |
129,926 |
|
TOTAL |
845,684 |
156,745 |
0.185 |
845,684 |
156,745 |
0.185 |
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.....
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.