$heff's $tation of $tocks & $olid DD

[$heff]

GNOM..$3.00 DD Post. Stock looks very undervalued here as it has a market cap of only 99m at a $3 closing price. Took a position at close on Friday. The company has $3.17 in cash per share. The book value per share is $3.10. The company has gotten beaten up from a disappointing Q3 in 2011. Genomic companies are solid right now. I think many biotech companies will eventually follow in the lead of Roche and look to gain a foothold in this space http://bloom.bg/wHbXRI . Hard to tell when but I like it when I see a company trading below cash in a hot industry. The next earning report is March 12th. The company is expecting to improve upon the last results that put their stock into a tailspin. This could be a solid trade in the short-term as a rebound of ($3.50-$4.00) could be on the way. The 52wk low is $2.21 & high is $18.55. The company has 24m in debt but also over 100m in cash. This looks to be a bottom here for now. Regardless, this looks like it could rebound here soon IMO.