Heng Jing Lu, Chairman of the Board, 10% Owner at NEW DRAGON ASIA CORP (NWD), bought 15,000 shares at $0.58 ($9K) on 2008-09-19, disclosed to the SEC on 2008-09-23.
Open-market purchase of $9k 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 | $0.54 | 100 | $54 | 0.6% |
| 2 | $0.56 | 3,120 | $2K | 20.2% |
| 3 | $0.57 | 100 | $57 | 0.7% |
| 4 | $0.58 | 3,000 | $2K | 20.2% |
| 5 | $0.58 | 3,780 | $2K | 25.4% |
| 6 | $0.58 | 4,900 |
| $3K |
| 32.9% |
| Total | $0.58 avg | 15,000 | $9K | 100% |
| Filing → |
| NWD | SELL | 2009-06-10 | $40K | — | Filing → |
| NWD | SELL | 2009-06-09 | $56K | — | Filing → |
| NWD | SELL | 2009-06-08 | $21K | — | Filing → |