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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 - 10 Apr 2005 00:48 - 1152 of 2444

GF,Looked more into this 'shorting'buisness after your replies last week,cheers by the way.A lot of companies took a while(6 month -2 years)to recover after being hit.I think mmg will recover a lot quicker than that,does depend on news,if any,in todays papers mind.The news papers could compound on the shorting that is going on but long term can't see a problem if they can come up with the goods,lets hope so.

goldfinger - 10 Apr 2005 01:03 - 1153 of 2444

Be carefull BM, know one knows where the bottom is on this. Im out for the time being (bar my long term investments 45 grand) but when MitZy comes in with the crack I'll boil the shorters beleive me. And itl be a lot of money.

cheers GF.

goldfinger - 10 Apr 2005 01:36 - 1154 of 2444

Andy its nothing to do with offending or a telling off dont be daft. Its to do with what we can say or not say on here, on the board and as nothing to do with the management. Just want you to know and its in your interest. Other posters dont be phased by this its not secret information etc. Thats not my style unless someone gets some news where we can burn Evils arse.

cheers GF.

mitzy - 10 Apr 2005 09:51 - 1155 of 2444

DB in the Times:
http://www.timesonline.co.uk/newspaper/0,,176-1562239,00.html

bhunt1910 - 10 Apr 2005 11:53 - 1156 of 2444

Good articcle in the Sunday Times today where MMG have asked the FSA to investigate the evil ones malipulation of the matket.

Baza.T

sharewinners - 10 Apr 2005 13:34 - 1157 of 2444

The Sunday Times



April 10, 2005

Biotech boss demands probe into short selling
Richard Fletcher



THE chairman and chief executive of an AIM-quoted bio-tech firm has asked the London Stock Exchange to investigate an extraordinary 58% fall in his companys share price in just 10 days.
David Best of Medical Marketing International (MMI) believes the firm has been targeted by one of the Citys most colourful short sellers and that a false market has been created.



The bear raid follows the publication of a sell note by a biotech analyst at Peel Hunt, the securities house.

Simon Cawkwell, the short seller known as Evil Knievel, included details of the note in his diary, which is sent to subscribers of T1ps.com, a share-tipping website run by Tom Winnifrith.

The analyst argued that the company was overvalued but Best claimed that the note was factually incorrect.

Following a three-hour meeting with the company, the Peel Hunt analyst, Gary Waanders, issued a new note.

Although he has stuck with his sell recommendation and valuation, the analyst does appear to have corrected a number of technical points.

However, on Friday shares in MMI were down a further 18% at 172p at the close, giving it a market capitalisation of 88m.

Best said: Small shareholders have lost out. They have panicked and sold. It is our view that a false market has been created.

Cawkwell, who said he had sold short 250,000 shares in MMI at 250p, vehemently denied any suggestion of wrongdoing. He is now sitting on a paper profit of nearly 200,000.

Peel Hunt and Winnifrith also rejected any suggestion of wrongdoing.

Take your 200k simon before you lose it !!
As i said yesterday news soon :-)

hlyeo98 - 10 Apr 2005 17:18 - 1158 of 2444

Great news, sharewinners. Thank you for posting.

goldfinger - 11 Apr 2005 01:05 - 1159 of 2444

The Sunday Times



April 10, 2005

Biotech boss demands probe into short selling
Richard Fletcher



THE chairman and chief executive of an AIM-quoted bio-tech firm has asked the London Stock Exchange to investigate an extraordinary 58% fall in his companys share price in just 10 days.
David Best of Medical Marketing International (MMI) believes the firm has been targeted by one of the Citys most colourful short sellers and that a false market has been created.



The bear raid follows the publication of a sell note by a biotech analyst at Peel Hunt, the securities house.

Simon Cawkwell, the short seller known as Evil Knievel, included details of the note in his diary, which is sent to subscribers of T1ps.com, a share-tipping website run by Tom Winnifrith.

The analyst argued that the company was overvalued but Best claimed that the note was factually incorrect.

Following a three-hour meeting with the company, the Peel Hunt analyst, Gary Waanders, issued a new note.

Although he has stuck with his sell recommendation and valuation, the analyst does appear to have corrected a number of technical points.

However, on Friday shares in MMI were down a further 18% at 172p at the close, giving it a market capitalisation of 88m.

Best said: Small shareholders have lost out. They have panicked and sold. It is our view that a false market has been created.

Cawkwell, who said he had sold short 250,000 shares in MMI at 250p, vehemently denied any suggestion of wrongdoing. He is now sitting on a paper profit of nearly 200,000.

Peel Hunt and Winnifrith also rejected any suggestion of wrongdoing.













mysunshine - 11 Apr 2005 01:41 - 1160 of 2444

Oops. Sorry. Please ignore

chad - 11 Apr 2005 08:05 - 1161 of 2444

UP 6% so far, lets hope yesterdays news will give investors a boost in confidence in the company.

chad - 11 Apr 2005 08:19 - 1162 of 2444

Anyone out there this morning?

chad - 11 Apr 2005 08:29 - 1163 of 2444

Steaming ahead now!

chad - 11 Apr 2005 08:36 - 1164 of 2444

Buys coming in left right and centre now.

BANKONE - 11 Apr 2005 08:44 - 1165 of 2444

Swivel Evil (Fry you son of a bitch) - Nice call GoldFinger Cheers.
Just shows how it could be done though - smoked a lot, drank a lot, slept little.

mickeyskint - 11 Apr 2005 08:45 - 1166 of 2444

Late on parade this morning too many G&T's last night. Let's hope for a more positive day, looking good so far. Lovely day here in the south east.

MS

chad - 11 Apr 2005 08:50 - 1167 of 2444

Not bad here up in Yorkshire either mickey. Lots of buys comin through so far, looks like yesterdays news reassured the market.

Chiva20 - 11 Apr 2005 08:57 - 1168 of 2444

Watching every step of the way Chad, Roll on 240p!

mitzy - 11 Apr 2005 08:59 - 1169 of 2444

There could be a RNS on the 4th May when Dr Burton makes his presentation in Cambridge.

BANKONE - 11 Apr 2005 09:05 - 1170 of 2444

up nearly 20p great - GF -With shorts if it goes the other way will it cost EVIL

chad - 11 Apr 2005 09:14 - 1171 of 2444

BANKONE, yes. Although to my knowledge he opened his short position when the SP was at 250p so he is still in profit. It will eat into his profits though as the SP recovers and I hope it does big time.
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