House Positions
posted on
Sep 12, 2014 12:49AM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.16 no change
House Positions for C:FO from 20140911 to 20140911 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
94,500 |
15,132 |
0.16 |
15,000 |
2,400 |
0.16 |
79,500 |
-12,732 |
|
4,000 |
640 |
0.16 |
0 |
|
4,000 |
-640 |
||
9,000 |
1,440 |
0.16 |
5,300 |
848 |
0.16 |
3,700 |
-592 |
|
3,500 |
560 |
0.16 |
0 |
|
3,500 |
-560 |
||
400 |
64 |
0.16 |
0 |
|
400 |
-64 |
||
0 |
|
2,500 |
412 |
0.165 |
-2,500 |
412 |
||
0 |
|
3,600 |
576 |
0.16 |
-3,600 |
576 |
||
0 |
|
4,000 |
640 |
0.16 |
-4,000 |
640 |
||
0 |
|
5,000 |
800 |
0.16 |
-5,000 |
800 |
||
0 |
|
5,000 |
800 |
0.16 |
-5,000 |
800 |
||
0 |
|
25,500 |
4,080 |
0.16 |
-25,500 |
4,080 |
||
0 |
|
45,500 |
7,280 |
0.16 |
-45,500 |
7,280 |
||
TOTAL |
111,400 |
17,836 |
0.16 |
111,400 |
17,836 |
0.16 |
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.