Being a chartist is another angle of investing, but is still no excuse for not reading sec filings and at least knowing the nuts and bolts of what that company does.
The point here, IMO is that many are wanting to rely on a PR to tell them what/how the company is doing.
Besides investing strategies, where there really is no right or wrong, how could anyone just look at a DPDW PR or chart at .14 and say wow, this is where i want to invest my money.
Charting ,momo, PR campigns and all the other drivers of the penny world are great, but IMO you should also educate yourself in the what ,where, when , how and why .(JMHO)