Heng Jing Lu, Chairman of the Board, 10% Owner at NEW DRAGON ASIA CORP (NWD), sold 661,500 shares at $0.17 ($112K) on 2009-05-27, disclosed to the SEC on 2009-05-29.
Open-market sale of $112k NWD by Chairman of the Board, 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.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.16 | 47,000 | $8K | 6.7% |
| 2 | $0.17 | 500 | $85 | 0.1% |
| 3 | $0.17 | 76,000 | $13K | 11.5% |
| 4 | $0.17 | 250,500 | $43K | 38.0% |
| 5 | $0.17 | 287,500 | $49K | 43.6% |
| Total | $0.17 avg | 661,500 |
| $112K |
| 100% |
| Filing → |
| NWD | SELL | 2009-06-10 | $40K | — | Filing → |
| NWD | SELL | 2009-06-09 | $56K | — | Filing → |
| NWD | SELL | 2009-06-08 | $21K | — | Filing → |