House Positions
posted on
Aug 22, 2014 12:25AM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.175 up .02
House Positions for C:FO from 20140821 to 20140821 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
124,000 |
20,460 |
0.165 |
2,500 |
425 |
0.17 |
121,500 |
-20,035 |
|
61,000 |
10,004 |
0.164 |
10,340 |
1,703 |
0.165 |
50,660 |
-8,301 |
|
50,000 |
8,250 |
0.165 |
500 |
80 |
0.16 |
49,500 |
-8,170 |
|
21,500 |
3,547 |
0.165 |
0 |
|
21,500 |
-3,547 |
||
9,000 |
1,485 |
0.165 |
0 |
|
9,000 |
-1,485 |
||
34,000 |
5,715 |
0.168 |
26,500 |
4,382 |
0.165 |
7,500 |
-1,333 |
|
3,000 |
495 |
0.165 |
0 |
|
3,000 |
-495 |
||
840 |
136 |
0.162 |
0 |
|
840 |
-136 |
||
0 |
|
30,000 |
4,949 |
0.165 |
-30,000 |
4,949 |
||
0 |
|
30,000 |
4,950 |
0.165 |
-30,000 |
4,950 |
||
0 |
|
85,500 |
14,085 |
0.165 |
-85,500 |
14,085 |
||
10,000 |
1,600 |
0.16 |
128,000 |
21,118 |
0.165 |
-118,000 |
19,518 |
|
TOTAL |
313,340 |
51,692 |
0.165 |
313,340 |
51,692 |
0.165 |
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.