Heng Jing Lu, Chairman of the Board, 10% Owner at NEW DRAGON ASIA CORP (NWD), bought 13,000 shares at $0.47 ($6K) on 2008-09-18, disclosed to the SEC on 2008-09-19.
Open-market purchase of $6k 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 | $0.41 | 1,000 | $410 | 7.1% |
| 2 | $0.43 | 2,000 | $860 | 14.8% |
| 3 | $0.44 | 2,000 | $880 | 15.1% |
| 4 | $0.45 | 4,000 | $2K | 31.0% |
| 5 | $0.46 | 2,000 | $920 | 15.8% |
| 6 | $0.47 | 1,500 |
| $705 |
| 12.1% |
| 7 | $0.47 | 400 | $188 | 3.2% |
| 8 | $0.47 | 100 | $47 | 0.8% |
| Total | $0.45 avg | 13,000 | $6K | 100% |
| Filing → |
| NWD | SELL | 2009-06-10 | $40K | — | Filing → |
| NWD | SELL | 2009-06-09 | $56K | — | Filing → |
| NWD | SELL | 2009-06-08 | $21K | — | Filing → |