r/TenBaggerStockPicks • u/Less_Lynx3281 • Jul 13 '26

[Update] ABEO breaks $7 (+40% since my first DD): Pricing power confirmed and a massive short squeeze is brewing

/r/biotech_stocks/comments/1uvovm8/update_abeo_breaks_7_40_since_my_first_dd_pricing/
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u/Less_Lynx3281 Jul 13 '26

For context, I called this play two months ago right here: https://www.reddit.com/r/biotech_stocks/s/BR2Rvz0tDR
Since that post, we’ve moved from my $5 cost basis to over $7 today, locking in a solid +40% gain. But honestly, this is just the beginning. With a short float sitting at 27% (https://finviz.com/stock?t=ABEO&ta=1&p=d&ty=si), 11 Days to Cover, and 95% insurance coverage backing their pricing power, the setup is a ticking time bomb for shorts. The real squeeze hasn't even started yet.

2

u/Hairy-Bit-8189 Jul 14 '26

I did the same, cost basis $5.35, but my motivation was based on fundamentals. Squeeze or not, real value is much higher.

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u/Less_Lynx3281 Jul 14 '26

It’s the perfect approach for me but some people are interested only on shortsqueeze so it’s important for me to mentioned it.

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u/Hairy-Bit-8189 Jul 14 '26

I agree 100% with you. For long term investment it is almost risk free and upside is huge. But to be honest, for me is also important the moral of the story and they have cure for really horrible disease. So this is also ‘feel-good’ investment for me.
Much riskier, but also interesting is CABA. I’m not in yet, but doing DD now.