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
- 08 Apr 2005 14:29
- 1109 of 2444
Topped up at 171. This has got to be a buying opp. Go for it.
MS
andysmith
- 08 Apr 2005 14:30
- 1110 of 2444
Hope you're right Chiva but I'm watching. It is over a quid below where I took over 200% profits and also below my first batch of profits at 180p. Unbelieveable!! The shorters have got this by the sort & curlies and I would rather wait and see where it ends than undo my good progress this year.
SEO or MMG? Both my tips for 2005 but SEO seems better right now and I am adding there. MMG was too high on Genvax alone, rest is speculation on Ruthenium and potential deals with pharmas. Long-term still a good story but where to buy right now?
rob308
- 08 Apr 2005 14:32
- 1111 of 2444
sensible post andysmith......... i was ranting that 250 was a great buying opportunity a week ago
cheers. rob
Chiva20
- 08 Apr 2005 14:43
- 1112 of 2444
Bought in at 176, couldn't resist it's got too rally.
andysmith
- 08 Apr 2005 15:00
- 1113 of 2444
Brave move. Hope you are successful. Shorters will be triggering stop-losses all over the place, in turn triggering more plus panic selling. For once glad to be on the side-lines with MMG though I am bound to get back in when the dust has settled.
chad
- 08 Apr 2005 15:10
- 1114 of 2444
This is just one of those rollercoaster shares thats all over the place. Genvax was just the beginning, and with plenty more newsflow in the pipelines the fun is by no means over yet.
seawallwalker
- 08 Apr 2005 15:31
- 1115 of 2444
I have decided to buy back in at its low.
Can someone post so I know it has got there please?
goldfinger
- 08 Apr 2005 15:35
- 1116 of 2444
Im just glad I had to get shot of all my trading stock when I went on holiday, at the time I was cursing her indoors now I think I might buy her a bunch of flowers.
Its just a blood bath, you would have thought Mike Walters would have had a go at this analyst and his defunked first note, lets face it he was there for the taking for somebody in the investors public eye. I wouldnt have let him off the hook especially if I managed a tips board.
cheers GF. Still holding 2 tranches in the 40s.
mickeyskint
- 08 Apr 2005 15:39
- 1117 of 2444
Too volitile to tell what is bottom SWW.
MS
mickeyskint
- 08 Apr 2005 15:41
- 1118 of 2444
Is it pulling back?
MS
chad
- 08 Apr 2005 16:14
- 1119 of 2444
Interesting how demand has kept pace with supply for these shares, buys and sells now being roughly equal, notwithstanding the huge drop today. MM's trying to build up their own stock at a discount before the next lot of news by scaring people with the price drop???
goldfinger
- 08 Apr 2005 16:18
- 1120 of 2444
Peel Hunt have published the new note target still 40p. Theres been a lot of nastyness over this with , Tom Winnifrith being accused of being reported to the FSA.
The analyst who published the original note (and the second one) was dragged before Finns Brokers (house broker ?)also a newspaper getting involved and MMGs public relations company.
All this comes back from Evil K and his friday update. I suspect myself its Mike Walters and Evil and t1ps still feuding. Theres been a battle going on ever since Evil K had a go at 3dm and Eden. I think theres more to come, in the meantime a cure for cancer is losing its investors, pathetic.
cheers GF.
mickeyskint
- 08 Apr 2005 16:33
- 1121 of 2444
I'm still there GF, infact I bought some more today. You have to look at this long term. Is this share really going to be 168/170 in say 12/14 weeks, I think not. An announcement could see 3 again and very quickly. So I'm sure MMG are watching the situation and know what's going on. They are the ones who can stop this in it's tracks. And if the rest of us hold the shorting will grind to a halt. As for 40p well that's just plain daft with some people trying to influence the market. As I've said before shorting should be banned.
LOL and have a good one.
MS
Chiva20
- 08 Apr 2005 16:44
- 1122 of 2444
I bought in first time today I can only see a golden opportunity here regardless of EK's market bullyboy tactics. Keep the faith this has got to pay off, hopefully most holders will keep their nerve.
mitzy
- 08 Apr 2005 16:44
- 1123 of 2444
I would not worry too much about EK as I recall speaking to him 18 months ago when the shares were trading at around 20p and I asked his opinion on their prospects and he replied that he had not heard of DB or the company.. nothings changed he is still very much in the dark as to MMI's future prosects..I still reckon 400p by the years end so fingers crossed the Ru news is due end of the month.
moneyplus
- 08 Apr 2005 17:57
- 1124 of 2444
I added to my holding today--I don't think they will stay down for long.
jimmy b
- 08 Apr 2005 18:11
- 1125 of 2444
Im waiting to get back in ,these are too volatile today,if i have to pay a little more in the long run ,so be it..JB..
hlyeo98
- 08 Apr 2005 21:41
- 1126 of 2444
Don't worry, everybody. Take this as a topping up opportunity as I've bought more at 170p - looks like a discount to me. When the ruthenium rns comes out, we will all be drinking together. Cheers!
andysmith
- 08 Apr 2005 22:36
- 1127 of 2444
I don't think anyone here is right or wrong, you have to go on your own instinct as this is currently too volatile to call.
Jimmyb, I'm with you on this right now, would rather pay 190-200p knowing its settled than 170p and watch it go back to 120p or lower.
hlyeo/ms/moneyplus & others, well done for taking the brave step of buying now, MMG is a success story on the brink, just not convinced the shorters have finished yet. Can't see 40p, last year with no news it held 50p, I suggest the institutional fund raising of 70p in September would be absolute lowest, more likely 100-150p but hopefully we are at that level? Who knows.
It might have been better that sp had not gone so far so fast on relatively a good update on Genvax and nothing more, thats why I took my profit but at least now you know what can happen.
CRUCIAL QUESTION, and don't want to seem like badgering here BUT MITZY, HOW DO YOU KNOW THAT THE RUTHENIUM NEWS IS THIS MONTH??
andysmith
- 08 Apr 2005 22:49
- 1128 of 2444
Mitzy, I'm not having a go, your info is very valuable BUT I am intrigued as to how you know AND is this speculation in the price? Via contacts I have a contact at Glaxo and nothing has been mentioned about MMG. Maybe they can't say but to me a big pharma licensing from MMG is more valuable than Ruthenium just going into Phase II otherwise it may already be in the current price?
I am thinking here about folk on this bb, I've made good dosh on MMG and hope to make more but some folk think that MMG is bound to recover beyond 300p within a month and although I hope that they are right I am concerned.
Good Luck to everyone, investors in such a valuable company to the future of the human race do not deserve this behaviour from the minority of jumped up city twats shorting stocks in this manner.