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.
goldfinger
- 25 Apr 2005 15:46
- 1382 of 2444
Interesting slant Pete on Genvax. Anyway its going up whoever takes the parts forward.
cheers GF.
ateeq180
- 25 Apr 2005 16:41
- 1383 of 2444
GOLDFINGER whats your opinion about tomorrow,which way this stock will open,just another thought.
goldfinger
- 25 Apr 2005 16:50
- 1384 of 2444
Well the way the Dows going up 80 plus at the moment I would say up for sure. Mind nothings certain in life. Im looking for around 250p to 300p for the Ruthenium post results (dont know if we will get them tomorrow). I hope people dont forget to lock in some profits this time. Last time I remember a few here highly dissapointed because they hadnt done that. 'Lop the top' off your holding when you are satisfied that you have made a nice profit, because beleive me others will. You dont have to sell them all and if things go to plan we will see them rise again.
cheers GF.
Chiva20
- 25 Apr 2005 16:53
- 1385 of 2444
You better believe it GF, once bitten ..
chad
- 25 Apr 2005 17:07
- 1386 of 2444
Damn right GF. I made that mistake last time, and then Evil took the piss by sending it down even further.
goldfinger
- 25 Apr 2005 17:08
- 1387 of 2444
A big buy at the very end there for 73 thousand shares. Someone in the know?.
cheers GF.
mickeyskint
- 25 Apr 2005 17:12
- 1388 of 2444
Yea that's me gf I wish.
MS
swseun
- 25 Apr 2005 17:20
- 1389 of 2444
could anyone give me some opinion, if as I bought in @295, very likely I have to wait for long to get that price back. If I keep holding it, is it wise to do that? any suggestion is welcome please.
hlyeo98
- 25 Apr 2005 18:25
- 1390 of 2444
I think it is advisable to buy to average, as MMG has a bright future.
doughboy66
- 25 Apr 2005 18:52
- 1391 of 2444
I was going to do exactly that this time Goldfinger ,last time i could of banked a sizeable amount and got back in for more.Its a hard lesson i have learn`t but like you say i will only off load some .Swseun i agree with hlyeo you should buy to average out your cost price but you really should of done this Friday or today to really bring it down.
DB66
mickeyskint
- 25 Apr 2005 19:07
- 1392 of 2444
swseun
If my memory serves me correctly you have a small holding. If you can't afford to average down then hold. In 6 months or so you won't believe the sp.
LOL
MS
swseun
- 25 Apr 2005 19:13
- 1393 of 2444
hlyeo98, doughboy66, thanks very much. Year I have topped up a bit when it was @180, not enough cash to cover what I lost :-( I am waiting for more cash until end of this month... not long hopfully.
swseun
andysmith
- 25 Apr 2005 20:05
- 1394 of 2444
swseun, you havn't lost a thing yet unless you sold but as gf says lop off your profits at appropriate times becuase you havn't made a thing until you take them. I am very pro MMG but I took out my profits last time through experience of this stock. You should see 295p again if the Ruthenium results are as good as expected. Well done for holding your nerve once it fell, you shouldn't be disappointed with MMG in the long-run, just got caught temporarily with shorters. They've had their day, soon you'll have yours.
swseun
- 25 Apr 2005 20:29
- 1395 of 2444
hi andysmith, thanks for your advise. Year, I bought more than 7000 @295, however, I am actually quite happy now as my girlfriend just bought in yesterday (didn't let me know >:, girl's power) in that case, I (with hers) will break even very soon. Keep my faith in MMG.
andysmith
- 25 Apr 2005 22:26
- 1396 of 2444
No probs swesun, I held at a loss for the best part of 9 months before I got the chance to take some profit and let the rest run free. I'd like to get back in with more and should have done so last week. You have made a good investment choice and this bb has good info from the likes of Mitzy and gf to help.
Continue to research MMG plus the way the share trades and not only could you be rewarded by MMG but the traders could assist you either make more money or increase your holding along the way. I usually stick to investing only but the last drop from 300p to 200p was predictable even by a novice like me, it had just risen too far too soon and allowed shorters to take over temporarily and they even took it to test 170p. They will be defeated though as MMG has too much to offer within its portfolio and 295p should seem cheap in 12months.
goldfinger
- 26 Apr 2005 00:59
- 1397 of 2444
A lot of tactical disscusion going on here. Interesting but one chap over on another board says Mike Walters the tipster of MMG says there will be no price sensitive information given out tomorrow at the R@D meeting.
We shall see.
cheers GF.
aol
- 26 Apr 2005 06:48
- 1398 of 2444
There may be little 'new' price sensitive information given today but you can be sure that there will be a much better and wider appreciation of what has been achieved after the R&D meeting than previously.
The earlier presentation in March was to a medical forum and the information presented was not targeted at the investment community. In the words of Dr Best: "The R&D day will also be attended by key people from the MMI team who will be available to answer questions. We hope that this R&D day will lead to investors being better informed about MMI."
As there has been little actual press coverage of the achievements so far this increased understanding may be very effective in bolstering the sp.
goldfinger
- 26 Apr 2005 08:51
- 1399 of 2444
Some rather strange trading going on at the moment. Sellers taking profits, but no reason for this?.
cheers GF. Just looks like early volatility. Think Ill top up.
goldfinger
- 26 Apr 2005 09:09
- 1400 of 2444
Buyers coming back in now. Cant have helped with this sites technical problems. Some selling their holdings before even getting confirmation of what the R@D meeting is about. A lot of nervy traders, cant blame them after the last time mind they'l regret selling at the low price they have sold at.
Todays meeting should lead to a whole raft of upgrades from Brokers, institutions, newspapers and tipsters. The 250p to 300p range should be within grasp pretty quickly.
cheers GF.
goldfinger
- 26 Apr 2005 09:20
- 1401 of 2444
Stability returning. Where is everyone???????????????.
cheers GF.