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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.

andysmith - 18 May 2005 22:28 - 1620 of 2444

swseun, you're right it is a gamble but you can win. I did all right out of MMG becuase as you know I took good profit at 270p from 71p and I guess I'll get the chance to do it again but I too made mistakes early on and at times felt like jacking it in, you'll never get it all right but when you do get the winners its a great feeling. Luckily for me I built up an overweight position in SEO at 4-6p last year so I don't have to worry too much right now as my original investment into the stock-market has more than doubled and I am a novice of 15months at this!!

hampi_man - 19 May 2005 08:50 - 1621 of 2444

Andy, like swseun I too am a novice, been at this game for only 6 months and have won on a few and lost on more than a few. I'm learning all the time and feel I am making better decisions at present. Its very comforting to hear some positive comments and encouragement from yourself and others, I salute you and thank you very much. Now if this SP would only retrace to where it rightfully belongs............up to the 3 mark LOL BTW, I have been in and out of this and made a few quid but am in again at 236 and missed the pull back.....Ah well!

mickeyskint - 19 May 2005 10:53 - 1622 of 2444

From the other place. Keep the faith it will happen.

A0469514 - 19 May'05 - 09:09 - 5641 of 5643


The Relative Strength Index which you can find on Benny's chart above shows that we have got down to a RSI of 10. This is ludicrously low and indicates that the share is massively oversold. I would never sell with a RSI so low. 9 times in 10 the share price will recover from such a low rating.

Getting back to fundamentals, MMI have at least two potential blockbusters, ruthenium compounds for cancer and a prostate cancer vaccine. There is a very good possibility imo that both of these will be licenced by big pharma and when they do these shares will be at least 10 times the price they are now. And as boss David Best says a deal is quite likely to happen before clinical trials are complete, in which case milestone payments would be paid to MMI when various targets are reached. So news of a deal could come at anytime.

To be honest, I still thought that these were a buy at 250p and with hindsight, I obviously should have sold out at 3 and bought back at 1. I did trade some on the way down but bought back too early.

But I have to say that for anyone looking for a 10 bagger investment, there cannot be a better prospect from here than MMI. I still have my core holding which is still well in profit and I have just gone long with Finspreads at 112.5p until September. Now that looks like a good deal to me. With the Dow and the FTSE back into upward channels, I will be surprised if they are not well above 112.5 by Sept. Others seem to disagree but going short in a rising market on a share with a RSI of 10 seems rather foolish to me. We will see.

Xylos


hampi_man - 19 May 2005 10:57 - 1623 of 2444

good post MS

swseun - 19 May 2005 18:55 - 1624 of 2444

mickey, thanks for the positive post. If MMG back to 2 before sept, and back to 3 or above for any result after sept. Well, we will see.
hampi_man, even I am in stock for 3 year, but to most of investor here, I am still a novice. I have lost 2/3 in this and am looking for a "cheaper" way to learn. :_(
andy, mickey, when is the next result out? or any result? many thanks.

swseun

swseun - 19 May 2005 19:01 - 1625 of 2444

btw, anyone in SEO? I have a thought to sell MMG and buy SEO, but again dn't want to gamble.

andysmith - 19 May 2005 20:47 - 1626 of 2444

swseun, I've been in SEO since last Autumn at 4-6p!! It might look a bit rich right now but with the propects it has I ain't selling and would accumulate on any dips but beware it can be affected by BUY on Rumour, SELL on news folk.
I've taken advantage of this in the past, selling a percentage at the top after reading the news and buying back again later, notably on the CGT week when SEO was also attacked by EK. Increased my stake without spending a penny!!
This weeks rise is based upon rumour of a massive deal in US due to be announced on Monday. What happens next depends on IF there is an announcement AND the content. If as good as predicted a definite BUY, if just an update it will fall back temporarily and present a better buying opportunity. Too difficult to call apart from I think at least 50p by end of 2005 IMO. It has more than one excellent packaging concept that could make a huge impact in the world of packaging which is where I earn my crust. IMO it is the best stock with real earnings growth potential on the market today.
Back to MMG, its still on my watchlist ready for the step back-in becuase it too has the massive potential but will remain non-profitable for a while yet with likely fund-raising exercises unless a deal can be concluded with a big pharma. If it drops below 100p again I'm automatically in.

andysmith - 20 May 2005 20:19 - 1627 of 2444

swseun, I can't answer your question on this bb. You need to click on your own name and change your user settings so that I can send you a message.
Let me know when its done and I will respond.
On MMG, where has everyone gone???

swseun - 21 May 2005 00:39 - 1628 of 2444

andy, coz June is coming, most went holiday I believe...
MMG - 100p may come very soon again.

seawallwalker - 21 May 2005 08:12 - 1629 of 2444

I have to feel relieved that I dumped this one at the highs against opinion of what I was reading here and there.

I was looking for a re entry but I have changed my mind, I could not live with the stress.

I will leave the next upsurge to the braver folk.

Good luck

mickeyskint - 21 May 2005 10:26 - 1630 of 2444

Only buy on news and don't get sucked in again.

MS

mitzy - 21 May 2005 11:10 - 1631 of 2444

Congrats for selling when you did SW its never wrong to sell at a profit and leave some for the next man.
This is one all or nothing type of stock as we have witnessed in the last 5 months and until we get some idea of when the next news is due its best to sit on the sideline.

seawallwalker - 21 May 2005 11:38 - 1632 of 2444

You are nice people.

You all deserve to win with this.

I am crossing my paws for you.

andysmith - 21 May 2005 21:24 - 1633 of 2444

SWW, looks like you chose same action as me, taking your profit, well done.
At the time I thought it brave going against the tide but I'm glad I stuck to my own feelings as this has turned into a nightmare for some.
I hope it works out for all those currently with a paper loss.

blackbelt - 22 May 2005 11:27 - 1634 of 2444

I've been watching this one ever since the broker scandal and was planning to place and order at about 1.70 to buy, but ended up cancelling it due to other commitments.

Im sitting in the wings, as im sure many people are to dive in big style to these. Every time this goes down I feel the pain cause it so easily could have been me in this situation (as I have been in so many occassions) as soon as the news comes sleepless nights will be a thing of the past and hopefully a number of shorters will suffer the same anguish as being long recently.

Good Luck, hope to Join the club soon

moneyplus - 22 May 2005 17:09 - 1635 of 2444

Article in yesterdays Times about a successful treatment for cancer being trialled in Edinburgh called the T treatment--hoping to come out of trials soon. very moving story about a little girl close to death with two brain tumours until her mother begged for her to be given this trial treatment. the recovery was little short of miraculous. I seem to remember MMG announcing they had successful trials going on using Tetanus virus to target the tumour
do you think this is going to hit the headlines soon--if it is a cure from scientists working for MMG ??? anyone know anything about this...Mitzy over to you!

mickeyskint - 22 May 2005 17:19 - 1636 of 2444

DB was in Scotland last week giving a seminar.

MS

charlielincs - 22 May 2005 22:11 - 1637 of 2444

dont expect this share to rise now, further to fall

mitzy - 23 May 2005 09:06 - 1638 of 2444

I think you are wrong charlie as the next piece of news could reverse the current trend.

swseun - 23 May 2005 19:51 - 1639 of 2444

when would the next news come? I agree mitzy and am really expecting it come soon, but I think charlielincs meant if there is no news turned out then it will....
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