I'll chime in.
Anyone who is blaming Glorieux for their own investment decision should re-think their direction in investing.
Glorieux brought this stock to our attention in the late .20's, which ultimately went up to just under a dollar. That is incredible.
If you play penny stocks, you should understand that it is like playing roulette, but slightly better odds. Better odds in where, YOU, the investor, should understand how penny stocks work. A high # of penny stocks are that. They are nothing but a shell company with a thought, people and maybe a basic product/idea. If you think the stock is going to be another facebook or candy crush, then you are fooling yourself.
In addition, if you thought Mobioinsider would be wildly successful, like twitter, then you also need to do more dd. Mobioinsider had the writing on the wall. The opening day was not what was promised. The same basic, unfriendly platform for user engagement was horrible. The repeat questions and questionable payout rate to celebrities.
It was another copycat of multiple failed ventures, like ask.fm, etc.
Not to mention, Keir literally sold all his shares, pocketing well over 300,000?
All in all, this penny stock business is about playing the game. Get in during/before the rush, and get out before it crumbles. The results almost never pan out, so get out with some money.
Even yourself Money75, early on, you made some money and you sold with the original belief that Mobioinsider wouldn't work. Then you bought back in.
Glorieux gave us a great stock in the early stages for us to do DD on. That's the best I can ask out of any poster.
