Deltagen (DGEN)

[finbar99]

Its cheap here trading at roughly 1/2 cash and IP for free. There has been nothing much to look at for the last couple of years (and I've been on this one for 7 or 8 now - having bought in the first time around at an average price of a nickel - those shares are all more than free now as DGEN distributed some nice cash distributions after emerging from bankruptcy). What they've been needing is a catalyst for adding value to the IP. Could be a very good climate for outsourcing services right now, plus its a service wrapped around that DGEN themselves created. Picked some more up today based on the lease being indicative of DGEN having something new to talk about in coming months. These mice have real value - that was always true and evident throughout the bk process several years back.