Nordic American Tanker (NAT) CEO Hansson and Son Purchase $550k Worth of Stock
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Nordic American Tankers Limited (NYSE:NAT) the Chairman & CEO and his family increase its holding in NAT
August 19, 2016 2:41 PM EDTHAMILTON, Bermuda, Aug. 19, 2016 (GLOBE NEWSWIRE) -- A company owned by the NAT Chairman & CEO, Herbjorn Hansson and his son, Alexander, today bought $550,000 worth of stock in NAT (50,000 shares), adding to the position as one of the largest shareholders of NAT. The share price was $11.00 per share.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Matters discussed in this press release may constitute forward-looking statements. Â The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans,... More
Nordic American Tankers Limited (NYSE:NAT) Our reaction to an article in Seeking Alpha.
August 19, 2016 1:32 PM EDTHAMILTON, Bermuda, Aug. 19, 2016 (GLOBE NEWSWIRE) --
A person, Stanislav Oleynikov, wrote the article with the heading Nordic American Tankers Is Heading Into A Perfect Storm earlier this week. The person says in the article that he is short the NAT stock, i.e. he has commercial interest that the price of the NAT stock goes down. NAT is absolutely not in a storm. Below is our reaction to him:
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Dear Mr Oleynikov,
The management of NAT are not in the guessing game or speculation business. Our experience over many... More
Nordic American Tankers Limited (NYSE:NAT) the Chairman & CEO and his family increase its holding in NAT
August 17, 2016 12:34 PM EDTHAMILTON, Bermuda, Aug. 17, 2016 (GLOBE NEWSWIRE) -- A company owned by the NAT Chairman & CEO, Herbjorn Hansson and his son, Alexander, today bought $1.1 million worth of stock in NAT (100,000 shares), adding to the position as one of the largest shareholders of NAT. The share price was $11.16 per share.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Matters discussed in this press release may constitute forward-looking statements. Â The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements... More
