By change of variables, you can massage it into the form
y'' = y2+c [1]
where |c| = 1, and the sign of c is that of ab-1/4.
Consider instead
y'' = y2 [2]
This has solutions y = 6/(x-α)2. (There must be more general solutions too, but I haven't found them. In particular, there should be a solution through any prescribed point and any prescribed slope through that point.) For large y, [1] and [2] must behave much the same, so [1] has vertical asymptotes.
For c = -1, there is also the solution y = 1. Nearby solutions diverge from this in both x-directions.
For c = +1, [1] cannot have a horizontal asymptote. So I would think it must have multiple vertical asymptotes. The gap between the asymptotes need not be constant. Between any pair, the curve is symmetric: it descends from +∞, bottoms out somewhere, possibly y < 0, then reascends. The exact path is independent between each pair of asymptotes. It is completely determined by the size of the gap (or equivalently, by the value of y at y' = 0). It would be interesting to plot how the gap size depends on the minimum y.
HTH