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.

GF went to bed and will be back at 5 for the election news.

Dont forget DB and MM (His wife) are by far the largest shareholders and have more to lose than most.
There is not much he can do to control the SP and would be very surprised if he rushed out an RNS for that reason.
The SP will find its true level based on supply, demand and MM manipulation.

I wish I knew mickey.. the Ru clinical trials news is 5 months late as Pete has already mentioned.

Does anyone know what the share holding distribution is ie who owns what.

MS

50,850,000 - Shares in Issue

12,495,375 - David Best
6,637,375 - Margaret Mitchell
2,409,142 - 26 Nov 03 Placing
1,841,858 - Institution
3,351,000 - 28 Oct 04 placing
3,205,000 - Universities Superannuation
6,500,000 - Prudential
-----------
36,439,750
-----------

14,410,250 - Unaccounted

Holdings below 3% not reported.

Thanks pete nice one.

MS

Gone a bit quiet on this thread...do you think the MMG share price has bottomed out?

I am hoping so - as I have just bought 100% into the share competition - as well as my real shares - which are considerably underwater. Nevertheless I still think great products, great potential - if only they can get the commercials and the Sales & Marketing right.

Has the evil one lost interest in this share yet ?
Baza

Great move up this morning after yesterdays tip.Not sure about the 300p target though.

Who knows. There's been no news to drive the price up and EK's short is still in place, so your guess is as good as mine.

MS

morning all, great to see this one on the move and hopefully all shorters closing positions-EK may say something in his next diary mention (fri??) if anyone has access. Could you let me know who was tipping this yesterday? thanks. tau

I understand Zac Mir(is that the right spelling) tipped them to go up yesterday although I cannot confirm that he said they would return to 300p.

Well I am with Zac Mir - however you spell his name. - but would like to see his justification and who his audience is?
Thanks
Baza

Zak Mir has his own web site Zaks-TA.com which is pure technical analysis. He also works with Tom Winnifrith and Simon Cawkwell on t1ps.com. He is highly regarded and did work for Shares Mag. He resigned to set up on his own. I can't find any postings he's made about MMG but if Zak said it then you're a brave man to argue against him. EK is still short but could well reverse his position.

MS

I can't help thinking that despite Zac's tip and the rally based on technicals that this stock is highly vulnerable without news or adequate PR. I would love to see it rise to 300p and beyond but I think you're brave stepping in now. Looks very cheap but still shakey & weak to me.

I can't see any support either. Your right Chiva20. My highest tranche is 260 so I'm really in the mire and would luv to see them rise. My average is a lot lower so I can still sleep at night.....just! No news and it's going back down.

MS

Thanks Guys - I can't afford to average down any further - anyway - I am tied up with SEO - so will have to wait aand pray that MMG start a major recovery.

My average is still well under water

baza

Nice to see this one moving up but would like to see how it performs on a poor day all round before commiting further money.

cheers GF.

I'm happy I paid 131p last week after the 60% recent fall from the highs.

Not that I'm complaining but with more sell's than buy's I can't see what's driving the price. MM's playing playing silly buggers me thinks or are they after stock. These shares are tightly held. By my reckoning, based on the figures Pete168 gave, there is only about 14-16 mil in free flow. That would account for some of the volatility.

MS