Enanta Pharmaceuticals Inc (ENTA)

[ImaPseudonym]

I tend to defer to people with more experience in trading around an approval than I have, but my opinion is that approval is priced in. Given how high the probability is, the market would have to be really blind to not have that factored in. The more interesting issue, imho, concerns what assumptions about the details of the approval/labelling have been priced in.