Special Situations Ii Llc Svp, 10% Owner at GENCO SHIPPING & TRADING LTD (GNK), bought 300,000 shares at $7.00 ($2.1M) on 2015-05-07, disclosed to the SEC on 2015-05-08.
Open-market purchase of $2.1M GNK by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $7.00 | 15,870 | $111K | 5.3% |
| 2 | $7.00 | 85,871 | $601K | 28.6% |
| 3 | $7.00 | 94,568 | $662K | 31.5% |
| 4 | $7.00 | 103,691 | $726K | 34.6% |
| Total | $7.00 avg | 300,000 | $2.1M | 100% |