Enanta Pharmaceuticals Inc (ENTA)

[go seek]

At this point, we may see $8 again, hopefully not. Apparently ENTA still needs to / and wants to make a deal. I expect they are close to a deal and this raise was necessary to make ‘the deal’ happen and move the RSV program forward. At the same time they wanted more financial flexibility for all operations. The alternative… possibly no RSV deal and tight finances.
> I am in the camp that believes, on days like yesterday, it is prudent to take some profits.