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.
To be fair, just a month and six days after launching in the USA Purplebricks (PURP) appears to be gaining some traction. Already it lists 1,460 apartments for sale in Los Angeles so folks are at least using it. Perhaps they like the claims made on the website Purplebricks.com?
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