Heng Jing Lu, Chairman of the Board, 10% Owner at NEW DRAGON ASIA CORP (NWD), bought 5,700 shares at $0.34 ($2K) on 2008-11-18, disclosed to the SEC on 2008-11-20.
Open-market purchase of $2k 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 | $0.34 | 100 | $34 | 1.7% |
| 2 | $0.34 | 1,400 | $476 | 24.2% |
| 3 | $0.34 | 2,000 | $680 | 34.6% |
| 4 | $0.35 | 1,800 | $630 | 32.1% |
| 5 | $0.36 | 400 | $144 | 7.3% |
| Total | $0.34 avg | 5,700 |
| $2K |
| 100% |
| Filing → |
| NWD | SELL | 2009-06-10 | $40K | — | Filing → |
| NWD | SELL | 2009-06-09 | $56K | — | Filing → |
| NWD | SELL | 2009-06-08 | $21K | — | Filing → |