Heng Jing Lu, Chairman of the Board, 10% Owner at NEW DRAGON ASIA CORP (NWD), sold 66,600 shares at $0.17 ($12K) on 2009-05-26, disclosed to the SEC on 2009-05-28.
Open-market sale of $12k NWD by Chairman of the Board, 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 | $0.17 | 50 | $9 | 0.1% |
| 2 | $0.17 | 42,100 | $7K | 61.9% |
| 3 | $0.18 | 24,450 | $4K | 38.0% |
| Total | $0.17 avg | 66,600 | $12K | 100% |
| Filing → |
| NWD | SELL | 2009-06-10 | $40K | — | Filing → |
| NWD | SELL | 2009-06-09 | $56K | — | Filing → |
| NWD | SELL | 2009-06-08 | $21K | — | Filing → |