Enanta Pharmaceuticals Inc (ENTA)

[willyw]

I hate to jinx it, but the tale of the tape has been good lately. I keep coming back to this chart;

http://finviz.com/quote.ashx?t=enta&ty=c&ta=1&p=d

Looks like a newer tighter ascending channel has formed.

I think the approval is a given
The next quarter should show increased earnings
The there is a list of catalysts which should continue to propel share price.
USA approval, EU approval (For 1 and 4 genotypes)
Approval in Japan 2016
2nd generation HCV program approval in 2017/18 time frame.

Daily volume is increasing, market cap keeps increasing....

I believe the 2nd generation program is going well, so the royalty stream should be good for some time to come.

Antibiotics in the news lately; ENTA may have a great under-appreciated asset.

We should hear more about the other ENTA assets early in 2015 according to CEO Jay Luly.

There is a lot of potential here, and the company is going to start getting a lot more press......

If you merely bought and held this year you did better with this stock than with Gilead. I believe that may repeat again this year.

We may see some turbulence when Abbvie prices the drug combo however.