Enanta Pharmaceuticals Inc (ENTA)

[vinmantoo]

ENTA with a nice jump today on no news, well except that the FED isn't going to raise interest rates. The volume isn't very heavy so I hope this isn't just another head fake with a drop tomorrow. It would be nice to see a follow up in the rest of December, perhaps as part of a much mentioned Santa Claus rally.

With the SGEN buyout being finalized tomorrow I will have a nice chunk of cash to invest. I will put a bit more money into ENTA, RVNC and EXEL. The latter is in my view a good take over target but it will be nice to see a follow up in the rest of December. Also wondering if the PFE downturn is overkill.