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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.

goldfinger - 24 May 2005 17:36 - 1648 of 2444

Spot on Mickey especially with the stock being high beta like you say. I wouldnt mind but Charlie comes onto the thread and does not give any reasons for his actions. I can take the other side of the coin if people can present a valid reason for their case.

cheers GF. Looks like we have Evil and Lucian Myers in a double act from the sell trades today reported this afternoon. They are going to have to be so very carefull.

seawallwalker - 24 May 2005 20:11 - 1649 of 2444

This looks to be on a slow and steady climb now, so any news on top will be very good.

If I were to have bought, it would have been at the end of today.

All imo etc. and fwiw.

goldfinger - 24 May 2005 23:04 - 1650 of 2444

Cheers Seawallwalker, would that be based on TA?.

cheers GF.

seawallwalker - 25 May 2005 07:18 - 1651 of 2444

It would be based on what I know and see in respect of the chart and the Company.

Neither amount to a great deal, however my thoughts are backed up by:-

"The last two candlesticks formed a Bullish Engulfing Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation"

So for British Bulls, they want a result today too.

Of note also that it bounced off the 200 day ma.
Chart.aspx?Provider=EOD&Code=MMG&Size=70

mickeyskint - 25 May 2005 08:31 - 1652 of 2444

Well spotted SWW. These new graphs are excellent.

MS

goldfinger - 25 May 2005 10:20 - 1653 of 2444

Yes well done for that Seawallwalker, we could do with a bit of optimism.

cheers GF.

mitzy - 25 May 2005 10:28 - 1654 of 2444

Up nearly 10p on the day so something must be going right.

doughboy66 - 25 May 2005 11:12 - 1655 of 2444

Its nice to see it moving on up again,maybe something is about to happen?
Fingers crossed!!
DB66

Chiva20 - 25 May 2005 11:19 - 1656 of 2444

I hope so DB, anxious to get back in on this one I believe in it like you guys do but a little twitchy incase this is a false start. Sorry don't mean to be negative but I blew up big style on this last time so need something concrete beyond TA.

jimmy b - 25 May 2005 11:29 - 1657 of 2444

I have been waiting to get back in too,thought it would drop further, we may miss the boat Chiva, good to see it on the move for all those who got in over 200p,,good luck.

mickeyskint - 25 May 2005 13:06 - 1658 of 2444

Don't want to spoil the party guy's but there is nothing driving the price. It could just be speculators taking short term long positions untill they get to their target and then kick the sp right down again going short. Time your entry carefully. There are some big players still holding short positions.

LOL

MS

doughboy66 - 25 May 2005 13:22 - 1659 of 2444

There was no party being started Mickey just a slight bit of hope on my part,anyway thanks for that i would rather other people stayed out for the time being if it saves them being caught in the position i am in.
DB66

mickeyskint - 25 May 2005 13:30 - 1660 of 2444

I agree DB. If it's any comfort I'm in the same position as you. Got greedy waiting for the 5 and got shafted instead. I won't get caught again.

MS

doughboy66 - 25 May 2005 13:40 - 1661 of 2444

Agreed Mickey ! Even though i am quite new to this game i can`t believe i didn`t bank the profit i had, but like you say got greedy and averaged up my sp and got shafted by Evil the markets and to a certain degree Mr Best.
DB66

mickeyskint - 25 May 2005 14:03 - 1662 of 2444

Evil is still short. He sold 30,000 @118. This is either a bull trap or news is around the corner. Take your pick I think the former.

MS

seawallwalker - 25 May 2005 14:29 - 1663 of 2444

Never mind all that stuff, I called a winner today and did not have the guts to put any money on it!!!

Nuts.

Liverpool for the cup.......... saw it in the stars.

mickeyskint - 25 May 2005 14:58 - 1664 of 2444

Good luck SWW. I shall be watching.

MS

seawallwalker - 25 May 2005 15:42 - 1665 of 2444

3-2 on penaties, that's the last off topic.

sww

goldfinger - 25 May 2005 16:19 - 1666 of 2444

Mickey where does he say hes sold more of MMG, the message I got was that Lucien Myers his side kick went long on more monday.

cheers GF.

mickeyskint - 25 May 2005 16:40 - 1667 of 2444

t1ps today. Evils Diaries. He has opened a new short at 118p to get one over the BB's loonies, spiked on no news.

MS
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