Michael W. McGowan, 10% Owner at NOVA BIOSOURCE FUELS, INC. (NBF), sold 15,000 shares at $2.60 ($40K) on 2007-09-14, disclosed to the SEC on 2007-09-18.
Open-market sale of $40k 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 | $2.60 | 1,600 | $4K | 10.4% |
| 2 | $2.61 | 3,400 | $9K | 22.2% |
| 3 | $2.65 | 500 | $1K | 3.3% |
| 4 | $2.70 | 9,500 | $26K | 64.1% |
| Total | $2.67 avg | 15,000 | $40K | 100% |
| Filing → |
| NBF | SELL | 2008-01-07 | $70K | — | Filing → |
| NBF | SELL | 2007-10-17 | $42K | — | Filing → |
| NBF | SELL | 2007-10-16 | $7K | — | Filing → |