House Positions
posted on
Jun 03, 2014 11:40PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.16 no change
House Positions for C:FO from 20140603 to 20140603 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
17,300 |
2,854 |
0.165 |
0 |
|
17,300 |
-2,854 |
||
18,100 |
2,975 |
0.164 |
8,870 |
1,419 |
0.16 |
9,230 |
-1,556 |
|
9,000 |
1,442 |
0.16 |
8,000 |
1,300 |
0.163 |
1,000 |
-142 |
|
1,025 |
163 |
0.159 |
400 |
65 |
0.163 |
625 |
-98 |
|
500 |
82 |
0.164 |
0 |
|
500 |
-82 |
||
0 |
|
100 |
16 |
0.16 |
-100 |
16 |
||
9,500 |
1,530 |
0.161 |
10,800 |
1,728 |
0.16 |
-1,300 |
198 |
|
31,500 |
5,040 |
0.16 |
36,000 |
5,864 |
0.163 |
-4,500 |
824 |
|
0 |
|
5,755 |
920 |
0.16 |
-5,755 |
920 |
||
0 |
|
6,000 |
960 |
0.16 |
-6,000 |
960 |
||
0 |
|
11,000 |
1,814 |
0.165 |
-11,000 |
1,814 |
||
TOTAL |
86,925 |
14,086 |
0.162 |
86,925 |
14,086 |
0.162 |
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.