Mar. 18 at 1:45 PM
$ABEO Although everyone says the situation is good, the market does not seem to be taking it that way at all. It is highly likely that market makers will try to drive the stock price down to the
$4 level before the March 20 options expiration. This is largely because management appeared to have lost confidence, referring to achieving second-quarter earnings as a "realistic goal" during the earnings announcement. If call option open interest rises to the level of June futures open interest, market makers will apply downward pressure once again. Short sellers will also be able to realize profits on this stock with great ease. This trend will continue until the company proves its profitability. In other words, the stock price will absolutely not rise until August.