I really like the set up around $BRUN.
But early lock up expiry risk with a new ticker is a serious factor to consider.
Took a modest 10% profit on the trade but might look to re-enter later.
For the Asymmetric Bets fund on @joinautopilot:
"Selling $BRUN into cash ($SGOV) ahead of a lock up risk I initially missed. Early release trigger fires if stock stays above $12 for 20-of-30 trading days that window hits this week (~June 5-9). If it triggers, ~24M shares (~3.3x current float) become eligible to sell. Will look to re-add post lock up. Thesis unchanged."
Looking at a few interesting things right now for the 20% powder.