William Dozier, Director at Pacific Asia Petroleum Inc (PAP), sold 16,845 shares at $4.30 ($72K) on 2009-11-27, disclosed to the SEC on 2009-11-30.
Scheduled sale ($72k) by Director under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.