Enanta Pharmaceuticals Inc (ENTA)

[willyw]

I also sold near the top and diversified a bit. All my eggs were in one basket.

I also have bought back in and I don't think anyone has expected it to drop as much as it did. I think it is way oversold and it will recover.

I believe it will regain SP based on the HCV sales for the 1st gen program.

I also believe that some of the other assets will soon merit increased valuations.

I think ENTA, ABBV, and GILD are all currently undervalued due to concerns that margins have been cut (and exacerbated by under reported or difficult to track prescriptions). Next quarters earnings reports should put that to rest.