NGAS Resources (NGAS)

[makesumgravy]

I will check it out this afternoon. Take a look at this. Here is just some of the things occurring here. Back in May this Insider was selling this off. Now he has decided he wants back in repurchasing the shares he probably shorted. Even if this was not the case its an illustration of how much they are eyeing the movements of the stock, and making the decisions to buy an sell. What else is unfortunate is the fact they also know what is going on inside the company.

Approx $800K and this just for the Month of May or within a 3wk period of time. Then look at the chart and its steady decline following this and the month of June. Is this just a coincidence?. Something not quite right with this picture, his last sale got him out just in the nick of time, right at its peak. All red from that point on and throughout July, and he now thinks to time to repurchase.

WINDISCH MICHAEL P: Declared Holdings
Company/Relationship Reported Shares Ownership
NGAS RESOURCES INC
Officer
NasdaqGS:NGAS
(historical quotes, profile, SEC, other insiders) 12-Aug-08 206,200 Direct


Insider & restricted shareholder transactions reported over the last two years



12-Aug-08 10,000 NGAS Acquisition (Non Open Market) at $5.13 per share.
(Value of $51,300)

27-May-08 10,000 NGAS Automatic Sale at $9.30 per share.
(Proceeds of $93,000)
21-May-08 10,000 NGAS Automatic Sale at $8.65 per share.
(Proceeds of $86,500)
20-May-08 10,000 NGAS Automatic Sale at $8.55 per share.
(Proceeds of $85,500)
19-May-08 10,000 NGAS Automatic Sale at $8.40 per share.
(Proceeds of $84,000)
8-May-08 56,250 NGAS Automatic Sale at $8.07 per share.
(Proceeds of $453,937)














"Bubbles are Good For You !"