Hey @purple_mattress, Fun Fact - the dude who downgraded $prpl today (Curtis Nagle) was the same dude who pulled this stunt on GameStop a year ago. He’s a zero.
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No position or interest in
$PRPL but what a joke! This Nagle guy is saying$PRPL is threatened by a future "gel grid" mattress that hasn't been released yet. Volume today/Puts Friday sure look fishy. Someone please report this analyst to SEC@GaryGensler@SECEnfDirector@SECpic.twitter.com/Jvs5RkiJnx
Some of the concerns are valid, although mattress firm had or has an in-house gel matrix and it’s not performing super well. Purple is a combination of execution, marketing and experience. Also, I know purple is in more stores, last week their website has 2263 listed.
