House Positions
posted on
Apr 17, 2014 11:44PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $017 no change
House Positions for C:FO from 20140417 to 20140417 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
40,000 |
6,999 |
0.175 |
1,382 |
239 |
0.173 |
38,618 |
-6,760 |
|
25,500 |
4,335 |
0.17 |
0 |
|
25,500 |
-4,335 |
||
20,000 |
3,500 |
0.175 |
0 |
|
20,000 |
-3,500 |
||
30,000 |
5,200 |
0.173 |
10,300 |
1,751 |
0.17 |
19,700 |
-3,449 |
|
17,000 |
2,974 |
0.175 |
0 |
|
17,000 |
-2,974 |
||
11,750 |
2,055 |
0.175 |
0 |
|
11,750 |
-2,055 |
||
1,445 |
244 |
0.169 |
250 |
43 |
0.172 |
1,195 |
-201 |
|
3,000 |
515 |
0.172 |
9,500 |
1,647 |
0.173 |
-6,500 |
1,132 |
|
0 |
|
10,000 |
1,749 |
0.175 |
-10,000 |
1,749 |
||
0 |
|
25,263 |
4,294 |
0.17 |
-25,263 |
4,294 |
||
0 |
|
92,000 |
16,099 |
0.175 |
-92,000 |
16,099 |
||
TOTAL |
148,695 |
25,822 |
0.174 |
148,695 |
25,822 |
0.174 |
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.