Revisiting my Rubrik pitch and what I am doing now after a 100% run
This post provides an update on a trade idea I published in early February titled “Why Rubrik’s 32% YTD pullback could be a buying opportunity.” In that post, I made the investment case for RBRK at $48 (see below) and subsequently purchased shares in a custodial account at an average price of $53.
The stock is now up over 100% since that original pitch (once can read it above) and more than 90% against our cost basis.
My plans and commentary on the position:
