You Gotta Believe!

While the shares of Crude Carriers traded down from the selling price of $19, this did not dissuade company insiders from what in their view might be considered bargain hunting. In two open market purchases, Mr. Marinakis, the Chairman and CEO, has purchased 100,000 shares at an average price of $16.34. Mr. Lazaridis, the President and Mr. Kalogiratos, the CFO, also purchased respectively 5,000 ($16.25) and 3,000 ($16.21) shares respectively. The shares closed Thursday at $16.95.

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