House positions
posted on
May 15, 2014 11:48PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.15 down .005
House Positions for C:FO from 20140515 to 20140515 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
136,000 |
20,400 |
0.15 |
0 |
|
136,000 |
-20,400 |
||
31,000 |
4,960 |
0.16 |
0 |
|
31,000 |
-4,960 |
||
24,000 |
3,600 |
0.15 |
0 |
|
24,000 |
-3,600 |
||
25,000 |
3,750 |
0.15 |
5,000 |
800 |
0.16 |
20,000 |
-2,950 |
|
10,000 |
1,550 |
0.155 |
0 |
|
10,000 |
-1,550 |
||
4,000 |
600 |
0.15 |
0 |
|
4,000 |
-600 |
||
0 |
|
200 |
31 |
0.155 |
-200 |
31 |
||
0 |
|
1,000 |
155 |
0.155 |
-1,000 |
155 |
||
0 |
|
2,500 |
385 |
0.154 |
-2,500 |
385 |
||
18,000 |
2,750 |
0.153 |
31,500 |
4,882 |
0.155 |
-13,500 |
2,132 |
|
0 |
|
15,000 |
2,325 |
0.155 |
-15,000 |
2,325 |
||
23,000 |
3,590 |
0.156 |
57,000 |
8,950 |
0.157 |
-34,000 |
5,360 |
|
123,700 |
18,788 |
0.152 |
282,500 |
42,460 |
0.15 |
-158,800 |
23,672 |
|
TOTAL |
394,700 |
59,988 |
0.152 |
394,700 |
59,988 |
0.152 |
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.