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steveporsche

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steveporsche

Re: lgonber post# 859

Monday, 02/02/2015 1:31:31 PM

Monday, February 02, 2015 1:31:31 PM

Post# of 2932
Hard to believe the stock traded at $57 during the pre-market on the day the ESRX contract was announced. The stock is trading roughly where it was a year ago. Recent news flow has been good IMO. Friday ABBV basically guides that they will be paying ENTA $37 million plus in royalties in Q4 2015 on over $750 million of V-P Q4 sales with growth anticipated from there in 2016. Co. will be exiting 2015 with a cash hoard of several hundred million dollars in cash. Co. has a pipeline. $800 million market cap. Does not compute.
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