Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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.

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.

goldfinger - 22 Feb 2005 12:17 - 393 of 2444

Price getting better now and buyers returning.

cheers GF. PS, just one of those days, not company specific.

jimmy b - 22 Feb 2005 12:20 - 394 of 2444

Goldfinger I bought a second larger stake in this one when it was at its recent high,, im not unduly worried at present,but could you explain why this should fall more than the average,?? Thanks ,, JB....

andysmith - 22 Feb 2005 13:13 - 395 of 2444

jimmyb, my experience with this one is that in between news it falls and these are ideal buying opportunities. I have bought between 63p and 71p and at times it has been teetering at 50-55p it then surges to 80p and comes back to a new support level. The new level yet to be established IMO but it will be higher than last year and should be above 100p. When the next news comes out watch it fly again and another support level be formed. I may top-up once I get a feel for new support level but long-term you will not be disappointed with this, just lose some hair at times.

jimmy b - 22 Feb 2005 13:16 - 396 of 2444

Thanks andy iv bought and sold this once but paid in the 120s this time so im hoping for some good news soon,,Jb ..

andysmith - 22 Feb 2005 13:21 - 397 of 2444

I bought some at 81p once and thought paid too much when it fell back to 60p.When it came back this year above 100p I sold these ones for something else on expectation might fall back to 80p!!! Although this shows my numptyness should give you some confidence that this is rising. The 81p ones were a top-up for me though and I am happy with my current holding. IF it does fall to 100-110p, buy some more and on next news if it goes above 130p you can always sell your first lot or keep them all.

doughboy66 - 22 Feb 2005 13:31 - 398 of 2444

I am in the same boat as you Jimmy after paying 1.26 but am not worried at the moment .Goldfinger and Mitzy have a lot of faith in this one and i`m sure they will be the first to let us know if we should bail out of this one.
DB66

jimmy b - 22 Feb 2005 13:41 - 399 of 2444

Im not worried either ,just like a bit of action i agree with Goldfinger the whole markets pants at the moment...JB

goldfinger - 22 Feb 2005 14:07 - 400 of 2444

Added this morning at 112.25p and already in profit even after costs.

cheers GF.

mitzy - 22 Feb 2005 14:46 - 401 of 2444

Bought in at 114p this am so you beat me gf...!
Register now or login to post to this thread.