Amires
$ABCL Called the reversal from $3–$4 when the short-covering was just brewing—check my posts since last November predicting the entire run to $12+. 🎯
The setup is shifting from a short-covering bounce to a full institutional re-rating:
• P1 : 18M+ shorts covered, balance sheet locked down with $200M in cash.
• P2: Pullback from $15 into the 12, cooled RSI right into major catalysts.
Why the next leg is setting up:
TMS Conference (Oct 22): Granular Phase 1/2 ABCL635 data drops in days. Top-line efficacy is already proven; clean safety and differentiation will drive the next wave.
Wall St. Taking Notice: Analyst upgrades are already rolling in. Institutional accumulation is underway, and value investors need to move before the window closes.
Q3 Earnings (Nov 9): Partner milestone updates (Vertex, Jazz) and pipeline clarity on ABCL688.
This isn't just about trapped shorts anymore—it’s about $ABCL getting repriced as a validated clinical biotech. Eyes on the tape this week.
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