Replies to post #380 on Enanta Pharmaceuticals Inc (ENTA)

[linhdtu]

I understand Dew's reason. He's just requiring a bigger safety margin for gild or to use the sage of omaha's way of speaking, a bigger moat.

From my point of view, gild is a stronger stock than enta. Give it 2 more quarters of block buster sovaldi numbers and it can easily go up 20, 30 from here. Whether it can stay there or not or even get above 100, I have no idea. I am a guy who strictly trades against the crowd and unlike Dew I have no qualm about paying short term gains to my uncle.

<A better indicator would be funds positions change last quarter. Insiders would've have dumped en-masse recently if either they think it's fairly valued or for the risk you have highlighted.>

I make the difference between insiders proper (mgt related) and "tutes". It seems normal to me for real insiders to sell when the price keep reaching new highs. I keep tab of the relative %.

As to the "tutes" again I make the difference between the common "tutes" like Fido, Vanguard, T Rowe etc and the like of Icahn fund.
Fido and its ilk, is dumb or to be more accurate, they are playing with your money hence always are late coming and going.

Carl Icahn fund otoh is out to make money for himself and I would pay more attention to their action. BTW, if you compare the track record of Icahn vs the dumb "tutes", there is really no contest.