Charts are everything in pennyland. Buying the bottoms is how you make money. 'Investing' long term in these all but guarantees a loss. No one is being mislead, everyone who hasnt already gone broke is well aware of what I just said. I scan for oversold penny tickers. They bounce, almost always.
Random Disclaimer: Taking my advice has been know to cause bouts of madness and insanity. Do your own DD.