Replies to post #498 on Enanta Pharmaceuticals Inc (ENTA)

[linhdtu]

Just to be sure I am not comparing Idix and enta company specific like, ie pipeline wise . No I am not.

I am only making a recurrent observation of price movement. Idix was more or less dead money for a long time , so when it zoomed up to 24, I am only saying that the increase of mkt cap for idix which is (24-7)x150Msh = 2.55B$ accrued only to a small minority of people who were already set up like mgt, the tutes, big owners like Baupost etc ... and not to those who traded 41Msh on the day of the BO announcement. Exactly the same way the top 1% of this country scooped up 20% of all income (or 10% takes more than 50% of income etc ...) The inequality in general income is also reflected in the stock mkt performance, lol.

I believe that the same thing will happen with enta. The price will keep drifting up and down on low vol, unloved by the hoi polloi and then one day boom , it will go up to the 50s and that will be that, just like idix.