Jia Zhi Hong, CEO and Chairman, 10% Owner at KINGOLD JEWELRY, INC. (KGJI), bought 10,000 shares at $1.52 ($15K) on 2011-07-07, disclosed to the SEC on 2011-07-19.
Scheduled purchase ($15k) by CEO and Chairman, 10% Owner under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.