Enanta Pharmaceuticals Inc (ENTA)

[linhdtu]

I see your point about those Achn VCs sells. However it is my opinion it does not say anything about the probability of a future BO event from their point of view.

I would do exactly the same (ie lighten up the load) if I were in their position. It would be reckless and foolish otherwise.

These "biotech values" are not exactly buy and hold situations :) lol.