RE:?????You must be living in a cave. Market meltdown for all stocks has been going on for 2 years. This stock is no different than any other one, yet every board has someone like you asking why their stock is going down. It never occurs to people like you when you ask, that there is no public bad news.
The simple answer is it doesn't matter how much stock the insiders buy, the sellers want out at any price, because like you, they don't think.