William S. Daugherty, President and Chairman, 10% Owner at NGAS Resources Inc (NGAS), sold 20,000 shares at $9.01 ($180K) on 2006-08-22, disclosed to the SEC on 2006-08-23.
Open-market sale of $180k NGAS by President and Chairman, 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.