Replies to post #500 on Enanta Pharmaceuticals Inc (ENTA)

[linhdtu]

For now, I wait. : )
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That is exactly what I do also. I still have a 20K stake and I may buy back for my 3 coverdell accounts if it drifts lower.

With ZIRP probably still continuing for the foreseeable future, it is quite possible for a 3rd party like private equity to come in and bid for enta if abbvie is unwilling to open its wallet by the end of 2015.

All of this assumes by then that the quality (ie high sales) and durability of revenues stream becomes clearer.

But that is my point all along. In these "hot air" bets (lol), one has to be willing to be early and bear the risk. There is no way to beat around the risk/reward tradeoff.