Enanta Pharmaceuticals Inc (ENTA)

[WorstLuck]

Methinks there are better risk/reward ratios out there than enanta right now.

Next qtr will give a hint whether end yr target is reachable or not.

I've trimmed my recent purchases over the last week. Still holding long term shares presumably for 2016. Have a couple small lots bought this year around 45 that will hopefully get called away (covered calls) at some point this year.

Based on the last Q call not expecting anything on the next call to help with year end targeting - but who knows. Haven't been seeing script data lately either from the usual tweeters in my stream.

Even though I tend to agree with the risk/reward statement - I'm holding more cash right now than I have in years. Have stared a couple new positions but there seems less than the last couple years. Maybe it's me.