Replies to post #171097 on Biotech Values

[ronpopeil]

I doubt Cramer really knows much about enta. He probably sees the stick up so much lately that he is saying lock in some profits. Not terrible advice given the move but I think enta goes higher

[DewDiligence]

Cramer says to cut your ENTA position in half.

Even if I thought ENTA was fully-valued (which I don’t), I wouldn’t sell now because my gains are short-term and are sizable enough to put me in the topmost tax bracket, where the federal and state tax rates are punitive.

p.s. In 2014, the 3.8% ObamaCare tax on investment income applies to capital gains (as well as investment income) for taxpayers who are in a high bracket that year.