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.

Some constructive posts there Mickey, thanks for sharing them with us.

Baza, dont talk daft of course your qualified to talk about this subject and stock. I dont think anybody on this thread is an expert, maybe Mitzy knows a lot more than most of us but your as good as anyone else . Dont put yourself down mate were all pals here.

Its a difficult subject I admit and its even worse trying to value a company, but if we get the input like tonight from Mickey we should have a fair enough depth of knowledge.

Give me a boring old established name from the past and as an accountant Ill kick the ass off it.

cheers GF. PS, going over to check on a team of 24 now who are cleaning up a textile engineers. Pound to a penny the lazy gits are having a tea break lol, sees yer later.

Thanks for those few kind word GF - I will continue watch listen & learn

Baza

Under pressure again today. Cant go on for much longer.

cheers GF.

Dipped my toes in again and topped up at 175p just now as according to their forecast they could have up to 10 compounds in trials by the year end which is a bigeer portfolio than some of the big majors..cannot see thses getting much cheaper.

You put your money where your mouth is................

Good luck.

Why the drop again today?

Im out at the moment. Seems to me that this one's going to slide for a while while we aint got no drug results.

So much has been said about this share,in a positive sense,and those people who must have sold at a higher price obviously think this is going to fall more so they can get in,with given information on the trials and so forth other issues some investors on iii board think downward risk is more than the upward,yet a week ago every thing was positive,regardless what happens i think these will come good short term.

The markets are a shorters dream come true,there are a lot of very good companies out there suffering big drops in there SP because of the markets.When the good news is announced in the future the price will move up a lot ,in the meantime however we will have to suffer the pain like a lot of other investors,remember no pain no gain.
DB66
KEEP THE FAITH!!!
Don`t let the b*****ds have your shares

Unfortunately folks, IMO, as good as the presentation was and as good as the pipeline of products is there was no new immediate news that the market was looking for to justify the sp rising back to 300p. It doesn't matter what we all think about MMG and its future prospects and pipeline of products, the market decides the price and it still ranks as speculative for many at a time when the market has the jitters. I feel even more lucky to have took my profits at 270p from 70p because I havn't a tube of glue (clue) where the sp will trade throughout the Summer, quite possibly down below 150p and I have even more time to judge when to increase my stake again. Just an opinion so please don't slate me because I still agree with gf and Mitzy that when Ruthenium goes into trials and there is more news from Genvax this will be a 300-400p share and quite possibly more. Difficult call what to do now if average >200p.
Apparently I was mad taking my profit when I did, doesn't look so daft now!!

Hey Andy - hindsight is a wonderful thing and we all make judgement calls along the way based on experience and personal circumstances. With hindsight - you made a brilliant call/judgement/decision. - whatever you want to call it - it does not matter - it was your decision and you made it for whatever reason.

Well done - now tell me the secret!!

Green with envy

Baza

If its any crumb of comfort, even from 70p, at times last year I sat on 25-30% paper losses but eventually got my reward. MMG could and should still reward if you can afford to be patient and hold, depends on individual circumstances.
Good Luck to all MMG holders, whatever you decide BUT if anyone does sell out for now, keep on your watchlist and pick a moment to get back in. Imagine what will happen to the sp when there is THE news everyone has been waiting for.

Baza, the only secret was having held MMG for over a year I couldn't see IMO how the extra Genvax news made it rise from 70pish on Jan 3rd to 300p. And no I'm not a shorter, it just felt too high and driven on the crest of hype surrounding possible Ruthenium trials in the Spring, although I must admit in the last few weeks to thinking that I'd missed the opportunity when I've dallied around wondering whether or not to get back in . Why didn't I buy again? as I said on this board a few weeks ago, several times MMG has flattered to deceive on its timing only, expectation grows, so does the sp and then there is no news or delays and it falls and you are left holding a paper loss until the next good news or publicity. Having sold at 270p, if the presentation had detailed early next stage trialing I had time even on the day to get back in at a lower price, as it was there was no real immediate news and it goes back to 170p. Yes, it looks like in the end I made a good call, about bloody time cos I get more wrong than right but hopefully I'm learning and making fewer mistakes and more good calls. MMG will remain on my watchlist, it should see 300p again in 2005 if the plan hits its targets and Ruthenium does progress to clinical trials.

cheers GF.

So what do we put the present price drop down to then.What has changed over the last month?
Well......A lot of shorters taking advantage of the rise in sp is obviously the main one and so what,does it really matter?It does if you want a quick profit but in the long term you will hopefully be rewarded in both money and maybe a cure for your illness now or in the future.
Maybe BB's are powerfull after all!The drop in price if you graphed it up to worth while inputs on BB's would be very interesting I think.I can understand why the sp has dropped so far due to the trials ongoing,so no cure yet,but the feed back from the company is still very good!Would expect the sp to drift around(by a big margin)the 190 mark until more positive news is released.
My father was diagnosed with prostate cancer about 4 years ago and the three choices he had to make to make him live longer with any sort of life were quite frightening.One of the choices was to have some radiation treatment with a certain % of success but if it didn't work they wouldn't be able to do any more for him,once you had this treatment you couldn't do anything else!!!Can't remember the second choice but he chose the third which i think was to rip the problem out,he has a normal life now but still gets regular checks.
If anyone would like the three choices explained in more detail i will ask him and post his answers.
The above is related to another field of mmg,and not the main one we are looking forward for results in.
Anyway I bought a few more today.....it's heredatary(might not be spelt right-lol)so have a personal interest!

PS I would gladly miss a couple of grand just for the chance of a cure or even a stabilising drug.Still very early days but here's hoping.
Must admit i didn't realise the extent of this companies portfolio when i bought in 2 years ago and lost faith summer of last year.Then bought back in october time but needed some cash,think it was feb at 90p.Back in now at 250 and 174 with a view of selling up on my other shares and putting all me eggs in one basket.Very foolish you might say....but as i've said before i have an interest health wise so i'd rather invest and take a so called paper loss short term.God it sounds like a ramp,non intended as i'm sure the sp will fall short term.

The fall out from the presentation is starting to hurt. I won't get caught like this again.

MS

I don't think its just because of that Mickey,all the shares i hold, or that are on my watch list are taking a battering,look at NLR..JB..

Ive sent Best an e-mail Mickey telling him just how I felt about his presentation and how I felt that he had shot himself in the foot. When and if I get a reply I will post it.

The best thing with these though is that on any good news they do ride up quickly and we should get plenty of it during the year.

cheers GF.

A sea of red out there again, total carnage, this is getting serious. MMs as usual over doing the falls on prices, its about time their practices were investigated. Just look at how they have marked Hamworthy down, but yet when people are buying it takes all day to get a miserly penny or two increase, were being robbed. Investors will be moving into bonds and so will I if we get much more of this.

cheers GF.