Michael W. McGowan, 10% Owner at NOVA BIOSOURCE FUELS, INC. (NBF), sold 34,000 shares at $2.62 ($88K) on 2007-10-15, disclosed to the SEC on 2007-10-16.
Open-market sale of $88k NBF by 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 | $2.62 | 700 | $2K | 2.1% |
| 2 | $2.55 | 7,500 | $19K | 21.8% |
| 3 | $2.56 | 7,500 | $19K | 21.9% |
| 4 | $2.58 | 800 | $2K | 2.4% |
| 5 | $2.60 | 5,000 | $13K | 14.8% |
| 6 | $2.60 | 7,500 |
| $20K |
| 22.2% |
| 7 | $2.62 | 5,000 | $13K | 14.9% |
| Total | $2.58 avg | 34,000 | $88K | 100% |
| Filing → |
| NBF | SELL | 2008-01-07 | $70K | — | Filing → |
| NBF | SELL | 2007-10-17 | $42K | — | Filing → |
| NBF | SELL | 2007-10-16 | $7K | — | Filing → |