Michael W. McGowan, 10% Owner at NOVA BIOSOURCE FUELS, INC. (NBF), sold 22,500 shares at $2.45 ($55K) on 2008-01-29, disclosed to the SEC on 2008-02-04.
Open-market sale of $55k 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 | $2.40 | 7,500 | $18K | 32.9% |
| 2 | $2.43 | 5,000 | $12K | 22.2% |
| 3 | $2.45 | 2,500 | $6K | 11.2% |
| 4 | $2.45 | 7,500 | $18K | 33.6% |
| Total | $2.43 avg | 22,500 | $55K | 100% |
| Filing → |
| NBF | SELL | 2007-10-17 | $42K | — | Filing → |
| NBF | SELL | 2007-10-16 | $7K | — | Filing → |
| NBF | SELL | 2007-10-16 | $88K | — | Filing → |