So much in life is intuition. The stock market is based on intuition more than charts or PR's.
How many times have you seen a chart or a PR and come to the TECHNICAL conclusions that the stock in question will become XYZ only to have your analysis completely overturned?
For me, the attitude of the board tells me a lot about a stocks direction.
If there is a lot of positive energy my experience has shown that the stock usually does well and conversely the opposite holds true.
For me, more than chart analysis or even the hope of PR's, the attitude of the board is what I take into consideration the most, and then I follow MY intuition accordingly.
When someone believes that IFSL is going to .05 cents, this is important to me. When many people believe this, this is significant to me.
Instead of bashing those with optimism, listen to the writing on the wall. More often than not, if enough people believe in something, that something is very likely to happen.
Stop asking for a chart analysis or a specific reason why someone believes something. Allow them that. Better to listen and follow you intuition. I think you will make much more money than being another lemming or sucker chasing charts and empty technical reason to justify your investment strategies.
And by the way, IFSL is going to .05
IMO