Bugbee bought 15,000 shares in the company yesterday, an SEC filing said.
While it is not stated how much Bugbee paid for his latest shares, they were worth $135,600 at the close on Thursday.
In mid May Bugbee bought up around $1m worth of shares in the company.
That move came only a few days after he stated on a conference call that the owner is open to selling newbuildings and using the cash to purchase its own stock given the gap between the company’s share price and managements’ view of its value.
It
