Michael W. McGowan, 10% Owner at NOVA BIOSOURCE FUELS, INC. (NBF), sold 39,200 shares at $2.66 ($107K) on 2007-09-26, disclosed to the SEC on 2007-10-02.
Open-market sale of $107k NBF by 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 | $2.66 | 4,200 | $11K | 10.5% |
| 2 | $2.71 | 5,000 | $14K | 12.7% |
| 3 | $2.71 | 7,500 | $20K | 19.0% |
| 4 | $2.72 | 5,000 | $14K | 12.7% |
| 5 | $2.75 | 7,500 | $21K | 19.3% |
| 6 | $2.75 | 10,000 |
| $28K |
| 25.8% |
| Total | $2.72 avg | 39,200 | $107K | 100% |
| Filing → |
| NBF | SELL | 2008-01-07 | $70K | — | Filing → |
| NBF | SELL | 2007-10-17 | $42K | — | Filing → |
| NBF | SELL | 2007-10-16 | $7K | — | Filing → |