Heng Jing Lu, Chairman of the Board, 10% Owner at NEW DRAGON ASIA CORP (NWD), bought 2,100 shares at $0.31 ($688) on 2008-11-19, disclosed to the SEC on 2008-11-21.
Open-market purchase of $688 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 | $0.31 | 100 | $31 | 4.5% |
| 2 | $0.32 | 100 | $32 | 4.7% |
| 3 | $0.32 | 200 | $64 | 9.3% |
| 4 | $0.33 | 100 | $33 | 4.8% |
| 5 | $0.33 | 1,600 | $528 | 76.7% |
| Total | $0.33 avg | 2,100 |
| $688 |
| 100% |
| Filing → |
| NWD | SELL | 2009-06-10 | $40K | — | Filing → |
| NWD | SELL | 2009-06-09 | $56K | — | Filing → |
| NWD | SELL | 2009-06-08 | $21K | — | Filing → |