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Nordic American Tanker (NAT) CEO Hansson and Son Purchase $550k Worth of Stock

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Nordic American Tanker (NAT) Comments Following Seeking Alpha Article

August 19, 2016 1:47 PM EDT

Nordic American Tanker (NYSE: NAT) said in a press release:

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... More

Nordic American Tanker (NAT) Chairman, CEO, & Family Boost Stakes

August 17, 2016 12:38 PM EDT

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.

... More