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
- 18 Feb 2005 16:57
- 373 of 2444
They move it up and down DB to attract customers.
cheers GF.
mickeyskint
- 18 Feb 2005 17:00
- 374 of 2444
Bit like knickers really!
MS
andysmith
- 18 Feb 2005 17:06
- 375 of 2444
Mickey, difference being that you don't want the knickers to go back up!!!
Been in on MMG since last March and nearly got out last month, thank God I didn't!!!
mickeyskint
- 18 Feb 2005 17:08
- 376 of 2444
Andy
Great one and how true. What a decision you made. It's a great feeling when you get it right. Hang on it's got further to go.
LOL
MS
andysmith
- 18 Feb 2005 17:14
- 377 of 2444
Sticking with it was one of those gut feels but helped by Mitzy's confidence on here. Also recently took a gamble with ASM on Cancer therapy as it will fly given any encouragement, its that kind of share. I may get out with profit if that happens to ASM, However I feel MMG has a fantastic portfolio and I will be staying long-term. You can also bet your life the likes of AstraZeneca and Glaxos are keeping a beady eye on MMG.
mitzy
- 18 Feb 2005 20:23
- 378 of 2444
Hopefully some coverage in Sundays papers...I understand..
Spot on Andy with the comparison of Glaxo/Astra...MMG have more drugs in trials.
doughboy66
- 18 Feb 2005 20:43
- 379 of 2444
I was looking back at the historical share price of MMG and unless i have misread it or its a misprint these shares went down as low as 4p on 11-04-03 ,why was that?
mitzy
- 18 Feb 2005 21:17
- 380 of 2444
Thats correct 66....they moved from Ofex onto the Aim just after the tech bubble burst and from 60p they rose to 150p and then crashed to 4p.The market valued them at their cash value ie 4p like other stocks at the time with no value going forward.
goldfinger
- 18 Feb 2005 23:47
- 381 of 2444
But theres plenty of value going forward now.
cheers GF.
mitzy
- 19 Feb 2005 10:10
- 382 of 2444
Thats right gf and short term and long term this one could multi-bag from here to 400p or 500p as Nomura have indicated as the potential is fantastic.. roll on March..
doughboy66
- 19 Feb 2005 10:15
- 383 of 2444
Wow that would be fantastic to hit those sort of prices.If they do i will be the first to buy you and Goldfinger a drink.
Cheers DB66
jimmy b
- 19 Feb 2005 10:16
- 384 of 2444
Mitzy do you know what the announcement is concerning in march,?Thanks JB..
Is it the results for trials for ruthenium..
mitzy
- 19 Feb 2005 11:28
- 385 of 2444
Jimmy.
The March annoucement is for the appraisal of the Genvax results due on the 18th..the Ruthenium news on phase 2 is due anytime from the end of Feb ...cant be more specific.There could be some press reporting tomorrw which should shed more light on the latest deveopments.
goldfinger
- 20 Feb 2005 23:26
- 386 of 2444
Mitzy please keep in touch.
cheers GF.
ateeq180
- 21 Feb 2005 14:56
- 387 of 2444
Gone very very quite on here,looks as though there will be something brewing behind the scenes before the next upward trend.
goldfinger
- 22 Feb 2005 00:21
- 388 of 2444
Just awiting results. If these are good watch out 150p.
cheers GF.
goldfinger
- 22 Feb 2005 10:17
- 389 of 2444
A big fall today on a rotten day alround for small caps. Worth having a dabble if you like the story so far.
cheers GF.
mitzy
- 22 Feb 2005 10:22
- 390 of 2444
Just noticed it gf.. know no reason for it and with news 3 weeks away it must be manipulation by the MM's desparate for some cheap stock.
chad
- 22 Feb 2005 10:39
- 391 of 2444
Gotta be. Buys almost exactly equal to sells.
goldfinger
- 22 Feb 2005 10:51
- 392 of 2444
Yup but if you have a good look at the markets theres a lot of red about and this one being a high beta will always fall more than the average and vise versa on good days. I think it will move back up, and theres no reason to panic.
cheers GF.