RE:Most insiders still holdThey report nothing but options, which they short out into the market. They show no insider holdings at all.
Let's say your right, your not, but lets say you were, 1.5 out of over 200 million shares is nothing. The float is taking the risk not insiders, considering they get their shares for free. Dummies shouldn't play penny stocks. Buy bluechip, probably can't afford to. So you play pennies thinking your a wizard LoL!!!