Heng Jing Lu, Chairman of the Board, 10% Owner at NEW DRAGON ASIA CORP (NWD), bought 16,700 shares at $0.30 ($5K) on 2008-11-20, disclosed to the SEC on 2008-11-24.
Open-market purchase of $5k 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 | $0.28 | 200 | $56 | 1.1% |
| 2 | $0.28 | 100 | $28 | 0.6% |
| 3 | $0.28 | 3,000 | $840 | 17.1% |
| 4 | $0.29 | 7,700 | $2K | 45.3% |
| 5 | $0.29 | 100 | $29 | 0.6% |
| 6 | $0.29 | 700 |
| $203 |
| 4.1% |
| 7 | $0.30 | 900 | $270 | 5.5% |
| 8 | $0.31 | 1,500 | $465 | 9.4% |
| 9 | $0.32 | 2,500 | $800 | 16.2% |
| Total | $0.29 avg | 16,700 | $5K | 100% |
| Filing → |
| NWD | SELL | 2009-06-10 | $40K | — | Filing → |
| NWD | SELL | 2009-06-09 | $56K | — | Filing → |
| NWD | SELL | 2009-06-08 | $21K | — | Filing → |