House Positions
posted on
Aug 29, 2016 11:15PM
Developing large acreage positions of unconventional and conventional oil and gas resources
House Positions for C:FO from 20160829 to 20160829 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
20,000 |
2,182 |
0.109 |
0 |
20,000 |
-2,182 |
|||
5,000 |
550 |
0.11 |
0 |
5,000 |
-550 |
|||
5,000 |
525 |
0.105 |
0 |
5,000 |
-525 |
|||
300 |
33 |
0.11 |
0 |
300 |
-33 |
|||
5,000 |
575 |
0.115 |
5,500 |
630 |
0.115 |
-500 |
55 |
|
1,000 |
105 |
0.105 |
8,500 |
935 |
0.11 |
-7,500 |
830 |
|
0 |
10,000 |
1,052 |
0.105 |
-10,000 |
1,052 |
|||
0 |
12,300 |
1,353 |
0.11 |
-12,300 |
1,353 |
|||
TOTAL |
36,300 |
3,970 |
0.109 |
36,300 |
3,970 |
0.109 |
0 |
0 |
.
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.
In 2011 Burlingame increased their holding to 125 million shares.
Shale Oil and Gas. America has done it.
Now it's Australia's turn.