Michael W. McGowan, 10% Owner at NOVA BIOSOURCE FUELS, INC. (NBF), sold 52,400 shares at $2.75 ($142K) on 2007-09-19, disclosed to the SEC on 2007-10-02.
Open-market sale of $142k 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 | $2.63 | 2,500 | $7K | 4.6% |
| 2 | $2.65 | 5,800 | $15K | 10.8% |
| 3 | $2.66 | 300 | $798 | 0.6% |
| 4 | $2.66 | 3,700 | $10K | 6.9% |
| 5 | $2.69 | 100 | $269 | 0.2% |
| 6 | $2.75 | 7,500 |
| $21K |
| 14.5% |
| 7 | $2.75 | 10,000 | $28K | 19.4% |
| 8 | $2.75 | 5,000 | $14K | 9.7% |
| 9 | $2.70 | 10,000 | $27K | 19.0% |
| 10 | $2.68 | 7,500 | $20K | 14.2% |
| Total | $2.71 avg | 52,400 | $142K | 100% |
| Filing → |
| NBF | SELL | 2008-01-07 | $70K | — | Filing → |
| NBF | SELL | 2007-10-17 | $42K | — | Filing → |
| NBF | SELL | 2007-10-16 | $7K | — | Filing → |