Why I Just put $60,000 into this $20 Stock -------- Purple Stock [PRPL Stock]

Why I just invested $60,000 into Purple Stock. CORRECTION* purple added an affiliate link after you buy something. Eg up to $300 off: http://metkevin.com/purple ⚠️Youtube Course & Investing Programs http://metkevin.com/join 🚨 Use Coupon Code 🤠LARRY🤠 🦠Life Insurance https://metkevin.com/life 💰Free Stocks (deposit $100) https://metkevin.com/free

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Should you invest in Purple Stock? The Purple [PRPL] Pillow & Mattress company has incredible ads, but what do their revenues and margins say about them?

It’s PURPLE the pillow and mattress company. You’ve probably all seen the purple ads before — here’s a sample. And here’s the product and marketing. So you know this company. Let’s talk about the stock though. The stock has ecnetly been on a downtrend following some massive hype. And you have to be careful - purple has been public for 3 years now and it’s stock has been on a rocky one - which is not so great for a pillow manufacturer - it’s supposed to be soft; and smooth. sorry bad joke. Some of this stock volatility is due to some warrants exercising recently, which is common with IPO stocks - but this is 3 years out. So I can’t explain all of the recent madness by pointing at warrants Instead, let’s just look at the data. In fact, arguably its most popular competitor Casper was just dethroned by Purple in website ranking and traffic AND purple gets more hits from search results than Casper does - Casper gets more direct hits and direct links -which is often due to more advertising and social media partnerships - which aren’t cheap. Maybe Purple's cheat stock is just lagging behind. After all, purple hasn’t shown a profit yet. However, purple is on the edge of breaking through and showing profitability. Much of its loss is actually due to warrants and options that have excerised over the last 3 years - removing just those changes actually pushes purple into profitability. But we can take this a step further: if we do a simple projection, purple starts looking even more green. Now, just a fair warning, if you lose money, it’s not my fault - I’m just sharing an idea with you and this is a stock i invested in more heavily today. I’m struggling to find value elsewhere and I feel there’s some potential with purple. Here’s why I invested in purple. The amazon reviews are only 4 stars for purple products and amazon is a place purple is failing, in my opinion. They’re leaving money on the table here not appealing to their amazon customers with prime shipping and review promotions. This is stopping me from going ultra heavy on purple. I’m going to keep them at or under 3%.

Should you buy Purple Stock or should you sell Purple stock? To me, it's a buy under $22 with growth upside to $40-60 by 2024 (or sooner). Or they'll just go bankrupt. To me, this is a cheap growth stock to BUY in August 2020.

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