goldfinger
- 01 Sep 2004 15:33
This ones a heck of a specualive investment but it seems that the institutions are willing to stomp up the cash to back it in the long term.
Heres the latest news from Killik stocbrokers on the company..........
MEDICAL MARKETING Joint Venture
We recently highlighted Medical Marketing (MMG) as worthy of attention. The company, in which I have a personal share holding, has this morning announced the formation of a joint venture, Genvax, to develop a novel DNA vaccine platform technology.
Human trials have been underway since 2001 in areas such as Lymphoma and Myeloma but the technology has broad applications in cancer, viral and bacterial infections (hence the term platform). The technology works on boosting the immune system by teaching it to identify hard to recognise cancer proteins as foreign and destroy them. Early results from the 25 patient trial in lymphoma are encouraging and evaluation of the result is expected by March 2005. Successful results should mean big pharmaceutical groups will start to take financial and commercial interests around that time.
This looks to be the first of a series of announcements due from Medical Marketing as it has a range of predominantly cancer trials moving into the clinical stage. (news flow could push the price higher)
The stock has made good progress in recent sessions up to the mid-80p level where the company is valued at just under 40 million. ENDS.
Please DYOR
cheers GF.
mickeyskint
- 01 Apr 2005 12:14
- 1006 of 2444
SWW
As a piece offering keep your eye on GMC. It's a risk but could pay big time.
Sorry for the hijack boys.
MS
seawallwalker
- 01 Apr 2005 12:22
- 1007 of 2444
We're still fine MS.
Thanks.
I do not like shorters, but the reality is that they exist.
It is offensive to me that sometimes they can drive down a share, at least EK is up front about what he does and why, plus he is not always right!
Longer term, shorting now makes no difference except that there may well be another opportunity to buy at a premium, then again any announcement of postive news may make it difficult and expensive to get back in.
Thanks for GMC.
swseun
- 01 Apr 2005 12:23
- 1008 of 2444
Ok let's forget all misunderstanding, we all lose temper somtimes anyway, isn't it MS? It always happen bt my gf and I, haha...
Selling price picked up a bit, what does MM want to do? um.... ;-/ any thought guy... SWW, MS?
swseun
- 01 Apr 2005 12:27
- 1009 of 2444
from May to September would be quiet again in stock market, so I don't mind to hold it for long term even until next year, as long as it makes profit. am I right?
mickeyskint
- 01 Apr 2005 12:31
- 1010 of 2444
Thanks SWW. Swseun, to be honest I don't know. But what I do know is that this has the potential to go through the roof. Untill we get more news it's going to be all over the place. Potential is the word and that's what's hard to value.
LOL
MS
swseun
- 01 Apr 2005 12:36
- 1011 of 2444
true thanks MK. Believe that the coming long weekend would give us a break and buyers back as well...
doughboy66
- 01 Apr 2005 12:45
- 1012 of 2444
Mickey you had better watch out ,don`t upset EK he is in GMC and could change his position in that one.I understand what you are saying Mickey but you also have to respect a guy like EK ,even if its just because he make a shed load of money.I on the other hand can`t even afford to buy a shed!!! lol
DB66
swseun
- 01 Apr 2005 12:50
- 1013 of 2444
gf must have a early long wkend. hehe.... anyway, db66, I am a bit nosey, would u tell me more abt it? I believe it is another lesson for me in stock market. many thanks.
mickeyskint
- 01 Apr 2005 12:58
- 1014 of 2444
Thanks for that DB66. Of course he's an expert in his field, I just wish he didn't short mine. As for sheds, I've got two of them both with holes in the roof. Whenever I have one over the top the guv' threatens to lock me in one of them for the night.
MS
doughboy66
- 01 Apr 2005 13:16
- 1015 of 2444
I`ve never met the bloke but he must have something against me because he does seems to follow my shares around .I am currently in Cobra and thinking of selling because EK is in them as well but that is exactly what he wants isn`t it.I think i might have one or even two over the top tonight and then i don`t care where i sleep.I`m sure EK will put us up in his pad with all that dosh he is making out of MMG
DB66
swseun
- 01 Apr 2005 13:20
- 1016 of 2444
how come? I am just a small potato in this stock... :_(
doughboy66
- 01 Apr 2005 14:06
- 1017 of 2444
A small potato? Plant that potato and you get a plant with loads of potatoes,keep on planting and you end up with a field of potatoes.Size isn`t important, its what you do with it that is,so my wife says .lol
DB66
swseun
- 01 Apr 2005 14:13
- 1018 of 2444
o sorry ...make a mistake...
moneyplus
- 01 Apr 2005 15:13
- 1019 of 2444
EK actually owns a large stake in GMC and I believe maybe a director?--he's not likely to short his own stock!! I hope^^
mitzy
- 01 Apr 2005 15:54
- 1020 of 2444
Chad in the next couple of weeks...
moneyplus
- 01 Apr 2005 16:09
- 1021 of 2444
I have just bought in again having missed out on last weeks fantastic gains but sold at a modest profit so I hope this time to ride them right up!! Mitzy do you mean news in the next couple of weeks?? I hope so. cheers MP
chad
- 01 Apr 2005 19:05
- 1022 of 2444
Good to av u on board MP.
chad
- 01 Apr 2005 19:05
- 1023 of 2444
Mitzy, cheers for the reply.
andysmith
- 02 Apr 2005 10:08
- 1024 of 2444
Mitzy, now that this board is full of investors who have paid a good sp can you confirm what you mean by "a couple of weeks" and how you know?
I have and do value your input here but in September you said news in a couple of weeks and it ended up being March 2005 and the sp drifted from 80p to 60p.
If we have to wait months for this news I can see sp easily hitting 200p and maybe even down to 180p? Timing is going to be the essence with this one now.
For info, I'm not shorting, just using my knowledge of MMG sp movements after holding for over a year. Those who have bought based upon MMG portfolio of products coming through should Hold or ADD. These are fantastic breakthroughs and the big pharmas need them. I am just taking a view at the moment of where the sp will hold, I'd rather pay 230p next week with it holding up well than see it fall to 180p and think scollops!! The lower it falls the more time I have to get back in. I sold some because a profit is only a profit when taken, I also held when down most of last year and you should do the same now if you are holding a paper loss, it will eventually be a good profit.
MMG will be huge but between news it will fall until there is THE major breakthrough.
mitzy
- 02 Apr 2005 15:28
- 1025 of 2444
Nothings for certain Andy and personally speaking I've taken a battering this past week when I could have sold..first of all DB is meeting the analyst from Peel Hunt to discuss his note sometime next week and then there the updated Insinger note where if you remember they had a short term target of 160p about 6 weeks ago .Yes I recall saying there would be news back in September and the Oncosense trials news is about 3 months overdue but I am told there is nothing to worry about as everything is in order but what we need to hear is news of a tie-up with a large pharma which will really lift the shares and until we hear that I would expect the sp to drift.Having said that the sp has almost quadrupled in less than 3 months to be a star performer this year so any fallback is probably only profit taking..
cheers.