Yes and that is why the stock won't move. The institutions have all the automatic sell programs when the market goes down. They might buy a little, but not enough to boost the stock. Only news will do that. Also the insider selling is a bit of a downer. These were not planned sells so the prognosis is bit questionable. If the insiders are selling then I wouldn't buy it. The short interest is low, but with a cap on and no dividend not a good deal. JMO
Re to dyk: I see it as a MAJOR take over target especially if they do not start giving a dividend. For a smaller company they are a true cash cow. The only thing wrong with this company is its pps is way too low.