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MEDICAL MARKETING, A Speculative Punt That Might Reap Rich Rewards (MMG)     

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.

banjomick - 07 Apr 2005 01:04 - 1073 of 2444

cheers GF,Do you think the laws will be changed in the future,especially regarding shorting in the smaller markets?From the above text (1071) it can be seen that if,an explosion of basically de-ramping occured,then a company because it is at a speculation stage could go under or at the very least be bought out....Is this a good way to build buisnesses and might it put off people from setting up companies in the first place and thus stop innovations and the like in what ever field.
My view is that some regulations should be put forward if it be tax or exemptions from the shorting practice!Will read again in morning.
thanks again

goldfinger - 07 Apr 2005 01:30 - 1074 of 2444

Hi B/mick, beleive me ive been attempting to get it banned for 15 years now and have sent countless letters of protest to the FSA, the govt, Gordon Brown, even the PM. They just dont want to know and thats it.

Of course Evil and fellow shorters come up with a counter argument which time and again I have proved to be hog wash.

Beleive me you just have to accept it and get on with investing. Best thing to do is try to avoid any shares that are being targeted by Evil(or Lucien Myers his trainee) and his followers.
If they move in on a company you are holding think back to why you invested in it, in the first place. If you are confident that your argument is stronger than that of the shorters stay in, if you have any doubts and have enquired with more experienced investors and still feel uneasy, get shut, no ifs and buts. It could save you a lot of money.

cheers GF.

Madison - 07 Apr 2005 07:58 - 1075 of 2444

Hi GF, Thanks for posting that, interesting reading. Afraid I had those doubts with MMG and left before the recent mauling with just a modest profit. Just a question of when to get back in again. A lot of the contributions above have been very helpful and your information is much appreciated.

Cheers, Madison

mitzy - 07 Apr 2005 08:50 - 1076 of 2444

Thats what I like about EK and his gang by shorting a stock it gives me a chance to buy them at give-away prices.

goldfinger - 07 Apr 2005 09:33 - 1077 of 2444

Just what is a give away price though Mitzy I see its under pressure again. We could do with some news like a bullish Broker note to stop the recent slide.

cheers GF.

hlyeo98 - 07 Apr 2005 09:40 - 1078 of 2444

Yeah Mitzy. Just got in again at 218p.

andysmith - 07 Apr 2005 09:57 - 1079 of 2444

I did suggest that we could see 200p and we did briefly. Not cos I'm shorting, just experience of holding this stock. Personally I'm holding on for <200p to pop up again and I'm in regardless of any chances for even lower as MMG has a fantastic future and we know will go well beyond 300p once Ruthenium announced.
If I don't see 200p, happy to buy at anything below 250p. My opinion, don't worry if bought high, hold, Let it drift, don't panic and buy more at a low price you are happy with. I am biding my time to buy back as this is going to be a massive growth stock. Glad I sold high and banked profit and glad that I have time to buy back in at lower price.

mickeyskint - 07 Apr 2005 11:16 - 1080 of 2444

Excellent posts here today with some very wise words. Well done guy's.

MS

bhunt1910 - 07 Apr 2005 11:23 - 1081 of 2444

Any of you guys going to the Traders day tomorrow?

andysmith - 08 Apr 2005 08:20 - 1082 of 2444

Having said I'd buy as soon as <200p, I might just watch a little more.
My views havn't changed, I would not take losses folks, hold your nerve and top-up low, reducing your average. Reward will come. I only called it right on experience with MMG, but I could have got it so wrong.
Advice from Mitzy and GF still excellent but with MMG I have learnt that you can sell some on good news and buy back on the inevitable drop to build up your stocks. It will be volatile bacause it is still speculative and no profits posted YET.

goldfinger - 08 Apr 2005 08:29 - 1083 of 2444

Well its certainly taking an hammering this morning. Lunatics from the advfn board no doubt. Go to farj4 thread and you will find them. Im afraid this one like NLR is in the hands of a lunatic fringe of day traders now. It needs good news to blast them out and really hurt them. No doubt they will take it back up when one of the commandos there says its time to go long based on some pathetic chart pattern he or she as invented. Stay well clear of this and NLR untill positive developments take hold of the destination of the share again.

cheers GF.

andysmith - 08 Apr 2005 08:36 - 1084 of 2444

Sound advice from GF but my HOLD if in above 200p is still valid depending on your attitude to this and why you bought in. You could play the traders at their own game, i.e. if it rises to 240p, take your money even if a loss and then buy back next time its shorted below 200p. All depends on timing of Ruthenium announcement. MITZY, ANY CONFIRMED TIMINGS FOR THIS??
I am watching now its clear that idiots control sp of MMG.
Very shortly this will be 100p below the price I sold and took profit so I have time.

goldfinger - 08 Apr 2005 08:43 - 1085 of 2444

Words of Wisdom there Andy we both agree then that day traders are now playing with this one. Its sickening really because lets not forget this company are producing a cure for cancer.

cheers GF.

g64946 - 08 Apr 2005 08:45 - 1086 of 2444

Good call gf & lets hope for all our safes they do well - whatever profits we do or dont make

hlyeo98 - 08 Apr 2005 09:38 - 1087 of 2444

Very good opportunity to buy this morning

goldfinger - 08 Apr 2005 09:45 - 1088 of 2444

Im not so sure Hlyeo98, Im glad I got rid of all my traders (all stocks) before I went on holiday last week. Still have 2 historical tranches at around 40p but Im not really tempted at the moment. The shares destination at the moment is in the hands of a lunatic fringe. I wish you the best of luck though.

cheers GF

mitzy - 08 Apr 2005 10:00 - 1089 of 2444

No idea when exactly Andy but it wont be long before the news and the shorters will take advantage of the lack of news as they have done today to make nervious holders sell.. it may fall to 180p soon but I reckon it will hold.

andysmith - 08 Apr 2005 10:16 - 1090 of 2444

175-180p is my new BUY target

mitzy - 08 Apr 2005 10:23 - 1091 of 2444

You may indeed be right Andy which will be a solid support level.

Chiva20 - 08 Apr 2005 10:27 - 1092 of 2444

I'm looking to buy at 180. Would be suprised to see a drop further then that.
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