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Re: postmeridiem post# 1062

Friday, 07/31/2015 11:14:05 AM

Friday, July 31, 2015 11:14:05 AM

Post# of 2961

Does anyone have a guess why ENTA has gone from 30 after the downgrades in January back to near all-time highs in the low 50's in July? I think V-Pak sales have been disappointing and I haven't seen any upgrades. Is it all due to buy-out speculation?

The downturn in April that took ENTA down to the low 30s was based on the fear of relentless discounting in the US HCV market. Once investors realized that the already-disclosed price discounts were stable, the (unwarranted) fear of devastating price erosion began to wane.

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