House Positions
posted on
May 20, 2014 11:46PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.145 down .005
House Positions for C:FO from 20140520 to 20140520 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
23,800 |
3,450 |
0.145 |
8,800 |
1,275 |
0.145 |
15,000 |
-2,175 |
|
11,300 |
1,639 |
0.145 |
400 |
58 |
0.145 |
10,900 |
-1,581 |
|
6,000 |
900 |
0.15 |
0 |
|
6,000 |
-900 |
||
10,500 |
1,522 |
0.145 |
5,500 |
797 |
0.145 |
5,000 |
-725 |
|
1,000 |
150 |
0.15 |
0 |
|
1,000 |
-150 |
||
250 |
37 |
0.148 |
0 |
|
250 |
-37 |
||
1,308 |
188 |
0.144 |
1,176 |
175 |
0.149 |
132 |
-13 |
|
0 |
|
5,000 |
724 |
0.145 |
-5,000 |
724 |
||
0 |
|
5,000 |
725 |
0.145 |
-5,000 |
725 |
||
3,000 |
450 |
0.15 |
10,000 |
1,450 |
0.145 |
-7,000 |
1,000 |
|
1,500 |
217 |
0.145 |
10,458 |
1,514 |
0.145 |
-8,958 |
1,297 |
|
20,326 |
2,963 |
0.146 |
32,650 |
4,798 |
0.147 |
-12,324 |
1,835 |
|
TOTAL |
78,984 |
11,516 |
0.146 |
78,984 |
11,516 |
0.146 |
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.