House Positions
posted on
Sep 12, 2014 11:31PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Closed @ $0.16 no change
House Positions for C:FO from 20140912 to 20140912 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
120,000 |
19,799 |
0.165 |
0 |
|
120,000 |
-19,799 |
||
51,000 |
8,413 |
0.165 |
26,000 |
4,255 |
0.164 |
25,000 |
-4,158 |
|
16,500 |
2,640 |
0.16 |
0 |
|
16,500 |
-2,640 |
||
11,350 |
1,819 |
0.16 |
0 |
|
11,350 |
-1,819 |
||
1,000 |
165 |
0.165 |
400 |
66 |
0.165 |
600 |
-99 |
|
4,000 |
640 |
0.16 |
4,000 |
640 |
0.16 |
0 |
0 |
|
20,000 |
3,200 |
0.16 |
20,000 |
3,300 |
0.165 |
0 |
100 |
|
0 |
|
650 |
106 |
0.163 |
-650 |
106 |
||
0 |
|
800 |
131 |
0.164 |
-800 |
131 |
||
27,000 |
4,420 |
0.164 |
30,000 |
4,949 |
0.165 |
-3,000 |
529 |
|
0 |
|
7,500 |
1,237 |
0.165 |
-7,500 |
1,237 |
||
0 |
|
10,000 |
1,600 |
0.16 |
-10,000 |
1,600 |
||
0 |
|
70,000 |
11,550 |
0.165 |
-70,000 |
11,550 |
||
0 |
|
81,500 |
13,262 |
0.163 |
-81,500 |
13,262 |
||
TOTAL |
250,850 |
41,096 |
0.164 |
250,850 |
41,096 |
0.164 |
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.