Heng Jing Lu, Chairman of the Board, 10% Owner at NEW DRAGON ASIA CORP (NWD), bought 10,000 shares at $0.52 ($5K) on 2008-09-22, disclosed to the SEC on 2008-09-25.
Open-market purchase of $5k NWD by Chairman of the Board, 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 | $0.52 | 300 | $156 | 3.0% |
| 2 | $0.52 | 1,000 | $520 | 9.9% |
| 3 | $0.52 | 3,705 | $2K | 36.7% |
| 4 | $0.53 | 4,995 | $3K | 50.4% |
| Total | $0.52 avg | 10,000 | $5K | 100% |
| Filing → |
| NWD | SELL | 2009-06-10 | $40K | — | Filing → |
| NWD | SELL | 2009-06-09 | $56K | — | Filing → |
| NWD | SELL | 2009-06-08 | $21K | — | Filing → |