House Positions
posted on
Mar 25, 2014 11:54PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.18 down .01
House Positions for C:FO from 20140325 to 20140325 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
135,000 |
24,300 |
0.18 |
0 |
|
135,000 |
-24,300 |
||
67,500 |
12,715 |
0.188 |
400 |
72 |
0.18 |
67,100 |
-12,643 |
|
27,000 |
5,055 |
0.187 |
5,000 |
950 |
0.19 |
22,000 |
-4,105 |
|
10,000 |
1,800 |
0.18 |
2,000 |
370 |
0.185 |
8,000 |
-1,430 |
|
2,000 |
370 |
0.185 |
0 |
|
2,000 |
-370 |
||
1,864 |
344 |
0.185 |
0 |
|
1,864 |
-344 |
||
400 |
72 |
0.18 |
837 |
156 |
0.186 |
-437 |
84 |
|
9,500 |
1,774 |
0.187 |
11,500 |
2,135 |
0.186 |
-2,000 |
361 |
|
30,473 |
5,639 |
0.185 |
34,000 |
6,339 |
0.186 |
-3,527 |
700 |
|
0 |
|
6,000 |
1,080 |
0.18 |
-6,000 |
1,080 |
||
0 |
|
44,500 |
8,455 |
0.19 |
-44,500 |
8,455 |
||
6,000 |
1,110 |
0.185 |
185,500 |
33,622 |
0.181 |
-179,500 |
32,512 |
|
TOTAL |
289,737 |
53,179 |
0.184 |
289,737 |
53,179 |
0.184 |
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.