Michael W. McGowan, 10% Owner at NOVA BIOSOURCE FUELS, INC. (NBF), sold 25,300 shares at $3.09 ($78K) on 2007-05-03, disclosed to the SEC on 2007-05-16.
Open-market sale of $78k 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 | $3.00 | 5,000 | $15K | 19.3% |
| 2 | $3.02 | 2,600 | $8K | 10.1% |
| 3 | $3.05 | 2,400 | $7K | 9.4% |
| 4 | $3.08 | 2,900 | $9K | 11.5% |
| 5 | $3.13 | 6,000 | $19K | 24.2% |
| 6 | $3.09 | 6,400 |
| $20K |
| 25.5% |
| Total | $3.07 avg | 25,300 | $78K | 100% |
| Filing → |
| NBF | SELL | 2008-01-07 | $70K | — | Filing → |
| NBF | SELL | 2007-10-17 | $42K | — | Filing → |
| NBF | SELL | 2007-10-16 | $7K | — | Filing → |