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I remain bearish on Purplebricks going into 2017

By Gary Newman | Monday 31 October 2016


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


So far I have been wrong about Purplebricks (PURP), but despite that I still view it as over-valued at the moment.


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