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Been watching
$PRPL from the sidelines and am pretty shocked its this low
Me too... Not sure the bleeding is done, but not too worried about making money at these prices either. It took 3 years for my original thesis on purple to materialize. Since then it has tripled revenue and price has only gone up by 11.00.
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Supply chain crunch expected next year? People thinking that they just pulled forward 2022 mattress purchases during pandemic?
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Could be possible. They just launched a new mattress though.. Interesting to see how their supply chain holds up- I do know it was mostly domestic.
End of conversation
New conversation -
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I picked up prob another 40 leap contracts today near the low. I’m can’t see how they aren’t winners in a 15 month. That being said overall I am done bigly on it. It’s a head scratcher for sure.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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