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.

Yeah Mitzy. Just got in again at 218p.

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.

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

MS

Any of you guys going to the Traders day tomorrow?

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.

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.

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.

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.

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

Very good opportunity to buy this morning

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

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.

175-180p is my new BUY target

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

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

steep fall today and could finish below 180p but rest assured the shorters will have to buy back sometime and that time is not far off.

Mitzy is there any talk of this brokers note being re -drafted?, just wondered if the new version from Peel Hunt was out and causing the problems today. I no longer go on advfn.

cheers GF.

GF apparently its a 5 page sell note with same target of 40p.
It is now non libellous and much revised apart from the conclusion.
Highlights appreciated if anyone has seen a copy.

GF, apparently the broker's sticking to his guns even after meeting up with the directors which is probably reflected in the way the price has dropped this morning. Looks like meeting up with PH has done more damage than good at present.

I'm still holding on here - only just hanging onto a small profit as I bought in three tranches, two of which are now above the SP - as the reasons for investing in the first place were the amount of potential news due out this year and not just the Genvex results.

Everyone is entitled to their own opinion but I cant help thinking that Peel Hunt are in the same league as EK and his gang but even so 40p is a ridiculous figure..