Enanta Pharmaceuticals Inc (ENTA)

[linhdtu]

Last Fri, gild snapped back 4.84% vs 1.16% for enta.
That is why I believe it is more likely/easier for gild to go up another 20 to 40 from here , with the caveat that solvadi/leda holds up to expectations once approved.

It doesn't mean that enta won't get to the 50s. But the way it will get there will be quite sudden. enanta is a low volume, unloved by retailers. Few of them have the patience to get set up and thus few will reap the profit.

That is exactly how idix traded. Just check the vol history before the BO lightning came out from nowhere. On June 9, the price was 23.79 and today it is around 24.06. Which tells me, a lot of that vol (and people) made around 25c-50c.