Heng Jing Lu, Chairman of the Board, 10% Owner at NEW DRAGON ASIA CORP (NWD), bought 9,600 shares at $0.30 ($3K) on 2008-11-17, disclosed to the SEC on 2008-11-19.
Open-market purchase of $3k 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 | $0.30 | 600 | $180 | 5.7% |
| 2 | $0.30 | 200 | $60 | 1.9% |
| 3 | $0.31 | 300 | $93 | 3.0% |
| 4 | $0.32 | 800 | $256 | 8.1% |
| 5 | $0.32 | 1,000 | $320 | 10.2% |
| 6 | $0.33 | 5,000 |
| $2K |
| 52.4% |
| 7 | $0.34 | 500 | $170 | 5.4% |
| 8 | $0.35 | 1,200 | $420 | 13.3% |
| Total | $0.33 avg | 9,600 | $3K | 100% |
| Filing → |
| NWD | SELL | 2009-06-10 | $40K | — | Filing → |
| NWD | SELL | 2009-06-09 | $56K | — | Filing → |
| NWD | SELL | 2009-06-08 | $21K | — | Filing → |