Centerbridge Special Credit Partners II AIV IV (Cayman), L.P., 10% Owner at GENCO SHIPPING & TRADING LTD (GNKSF), sold 1,476 shares at $7.26 ($11K) on 2020-12-18, disclosed to the SEC on 2020-12-23.
Scheduled sale ($11k) by 10% Owner under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
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