openticks
Long

Looking to buy this company

NYSE:NAO   NORDIC AMERN OFFSHORE LTD
6 0 0
Great company with a solid balance sheet but in a depressed sector. The parent company just increased it's stake at 4.50 and so did the CEO             buying 100k shares at that price. Billionaire Leon cooperman also bought 7.7% stake in Feb this year. Cash flow is good but there is no net profit due to high depreciation. 10% yield. I am waiting for a market selloff to accumulate this below 4.

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