Momenta Pharmaceuticals, Inc. (MNTA)

[jbog]

MNTA continues to have very strong liquidity:

While the liquidity is nice and safe the way they built that equity was by issuing greater than 30% in new shares over the last two years. Those extra 20 million shares have created a new "normal" channel represented by the lower stock price.

The $6 in cash per share certainly isn't represented in the $11 stock price.