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.

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..

I'm in for the long haul. Perhaps the broker who wrote the note is a big mate of EK. After all insider dealing doesn't exsist does it?

MS

Cheers Guys. I rate both Evil K and Mike Walters but didnt rate this analyst after his first attempt. If the conclusion is the same hes still talking hog wash.

cheers GF.

Well said GF. Hope you didn't drink too many sangria's on holiday.

MS

I`m with you Mickey,in this long term.They can have my shares over my dead body!!!(mind you if the SP keeps falling that might be sooner than i think) lol
DB66

DB66

It will come good. Go on holiday and don't look at the screen for a couple of weeks. When you come back you'll change your name to DB9.

LOL

MS

We're on a big roller-coaster ride.

There is no doubt MMG is clearly oversold. Now 166p.

How much further can this fall,,???im thinking of getting back in ..

I was in at high price, now I lost 1/3 of the whole, I am stuggling if I should hold/ stop loss.. :-( .. any opinion is welcome and many thanks.

I think MMG is a hold in the long-run.