$EDBL is up 33.64% on news that it hired a construction company to build out a hub. A $2M micro-cap trading on a standard corporate chore.
Our backtester has logged 2,881 historical daily setups matching this exact catalyst-driven gap-up pattern. The base rate is brutal: they closed red 65% of the time, with a median intraday return of -6.79%.
When a $2M company rallies on routine operational spending, the market isn't pricing in growth—it is pricing in retail impatience.
We'll grade the close on this one at 4 PM to see if the historical math holds up yet again.