House Positions
posted on
Aug 12, 2014 11:41PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.16 down .005
House Positions for C:FO from 20140812 to 20140812 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
45,500 |
7,342 |
0.161 |
700 |
112 |
0.16 |
44,800 |
-7,230 |
|
30,000 |
4,800 |
0.16 |
0 |
|
30,000 |
-4,800 |
||
15,500 |
2,480 |
0.16 |
0 |
|
15,500 |
-2,480 |
||
10,000 |
1,600 |
0.16 |
0 |
|
10,000 |
-1,600 |
||
900 |
145 |
0.161 |
200 |
34 |
0.17 |
700 |
-111 |
|
17,200 |
2,924 |
0.17 |
17,000 |
2,890 |
0.17 |
200 |
-34 |
|
0 |
|
300 |
49 |
0.163 |
-300 |
49 |
||
1,000 |
165 |
0.165 |
3,500 |
577 |
0.165 |
-2,500 |
412 |
|
0 |
|
27,000 |
4,370 |
0.162 |
-27,000 |
4,370 |
||
0 |
|
71,400 |
11,424 |
0.16 |
-71,400 |
11,424 |
||
TOTAL |
120,100 |
19,456 |
0.162 |
120,100 |
19,456 |
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.....
Keeping a keen eye on the one trillion dollars prize.
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.