Michael Markels Jr., VP, Business Development at NeurogesX Inc (NGSX), bought 3,150 shares at $1.54 ($5K) on 2008-11-12, disclosed to the SEC on 2008-11-14.
Open-market purchase of $5k NGSX by VP, Business Development. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $1.54 | 100 | $154 | 3.0% |
| 2 | $1.73 | 800 | $1K | 26.7% |
| 3 | $1.75 | 800 | $1K | 27.0% |
| 4 | $1.55 | 1,450 | $2K | 43.3% |
| Total | $1.65 avg | 3,150 | $5K | 100% |
| Filing → |
| NGSX | BUY | 2008-12-08 | $3K | — | Filing → |
| NGSX | BUY | 2008-11-25 | $3K | — | Filing → |
| NGSX | BUY | 2008-11-20 | $3K | — | Filing → |