House Positions
posted on
Sep 15, 2014 11:55PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.17 up .01
House Positions for C:FO from 20140915 to 20140915 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
99,500 |
16,416 |
0.165 |
24,000 |
3,960 |
0.165 |
75,500 |
-12,456 |
|
5,800 |
986 |
0.17 |
0 |
|
5,800 |
-986 |
||
334 |
55 |
0.165 |
300 |
51 |
0.17 |
34 |
-4 |
|
24,500 |
4,165 |
0.17 |
24,500 |
4,165 |
0.17 |
0 |
0 |
|
0 |
|
1,500 |
255 |
0.17 |
-1,500 |
255 |
||
0 |
|
3,334 |
549 |
0.165 |
-3,334 |
549 |
||
0 |
|
5,500 |
927 |
0.169 |
-5,500 |
927 |
||
0 |
|
20,000 |
3,300 |
0.165 |
-20,000 |
3,300 |
||
29,000 |
4,785 |
0.165 |
50,000 |
8,250 |
0.165 |
-21,000 |
3,465 |
|
0 |
|
30,000 |
4,950 |
0.165 |
-30,000 |
4,950 |
||
TOTAL |
159,134 |
26,407 |
0.166 |
159,134 |
26,407 |
0.166 |
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.