Michael W. McGowan, 10% Owner at NOVA BIOSOURCE FUELS, INC. (NBF), sold 25,000 shares at $2.86 ($70K) on 2008-01-04, disclosed to the SEC on 2008-01-07.
Open-market sale of $70k 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 | $2.76 | 5,000 | $14K | 19.7% |
| 2 | $2.80 | 7,500 | $21K | 30.0% |
| 3 | $2.75 | 5,000 | $14K | 19.6% |
| 4 | $2.86 | 800 | $2K | 3.3% |
| 5 | $2.86 | 6,700 | $19K | 27.4% |
| Total | $2.80 avg | 25,000 |
| $70K |
| 100% |
| Filing → |
| NBF | SELL | 2007-10-17 | $42K | — | Filing → |
| NBF | SELL | 2007-10-16 | $7K | — | Filing → |
| NBF | SELL | 2007-10-16 | $88K | — | Filing → |