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.
momentum
- 24 Feb 2005 13:35
- 432 of 2444
Would appear that the SP is going to drift down on small sells and thin volume. MM s will use this opportunity to obtain some stock at lower levels ready for a run up to the 18th.. Not seeing the buyers coming in like we where,a few weeks ago so the MM s can slowly lower the price.110p should hold but wouldnt be to suprised to see 100p. However if SP is going to these levels then i would imagine it will be before the 10th as we run up to the 18th
momentum
- 24 Feb 2005 13:37
- 433 of 2444
Notice how the MM s are taking it down on no volume.
momentum
- 24 Feb 2005 13:46
- 434 of 2444
Appear to be narrowing the spread to try and encourage some buying.We may see another shake down soon.
mitzy
- 24 Feb 2005 14:08
- 435 of 2444
Well said m.Decided to buy @113p a few moms back as its the usual marked down price and the rally in the afternoon.
goldfinger
- 24 Feb 2005 16:02
- 436 of 2444
From todays Broker Killik notes......................
Medical Marketing, highlighted in our recent Monthly View, traded up yesterday as Insinger de Beaufort, the broker, put a trading buy with a 200p price target out on the stock. It is highlighting the March 18th as the date for revealing results from the Phase II Genvax trial where progress has been seen as encouraging.
cheers GF.
mitzy
- 24 Feb 2005 17:01
- 437 of 2444
Dont forget gf that IC have these as a potential 10 bagger from 60p....ie a 600p share price target if the Ruthenium drug is licenced to a big pharma and thats before the Genvax news which is due shortly...I'm still buying and remain confident that my gamble will pay off .
goldfinger
- 25 Feb 2005 00:54
- 438 of 2444
Before the Genvax news?, just when then as I want to plow a lot more in. Have you a date????????
cheers GF. Dont want to miss out but its always a gamble with bios.
cheers GF.
mitzy
- 25 Feb 2005 07:59
- 439 of 2444
No I have put it down wrong gf.....its Genvax news in March and Ruthenium phase 2 in the next couple of months and hopefully a licensing deal for Ruthenium by the years end.. sorry for the confusion.
jimmy b
- 25 Feb 2005 08:59
- 440 of 2444
Here we go, all blue this morning, on the way back up, JB...
mitzy
- 25 Feb 2005 09:10
- 441 of 2444
Anyone subscribe to Momentum magazine...
jimmy b
- 25 Feb 2005 09:23
- 442 of 2444
Do you mean TMI the tip sheet,,if so i do..JB
goldfinger
- 25 Feb 2005 09:23
- 443 of 2444
Wow look at the buy volume coming in. People loading up before the Genevax news.
Whats the exact date ????????.
cheers GF.
mitzy
- 25 Feb 2005 09:31
- 444 of 2444
Yes thats the one... any good...?
snaylor
- 25 Feb 2005 09:31
- 445 of 2444
18th March GF. I sold out of this at 124p last week, and was hoping for a retracement to 100-105 to get back in. Looks like it might not happen now. Never usually do that but I bet its gonna bite me this time!!
jimmy b
- 25 Feb 2005 09:42
- 446 of 2444
Yes mitzy ive had it for a year now its good but i have one complaint,,its delivered on a Saturday and sometimes the mm s have messed with the price of the top tips on Monday morning,, sometimes adding 5 or even 10 %.. They have however come up with some good stuff over the last year,,NLR at 245p for instance....JB
mitzy
- 25 Feb 2005 09:47
- 447 of 2444
Thanks j....I already subscribe to Scsw which tipped Nlr at 350p but if the Tmi tipped them at 250p I may well subsribe to them as well..!
chad
- 25 Feb 2005 11:06
- 448 of 2444
I was cosidering subscribing too mitzy. How many actual tips are there each issue anyone, considering its monthly?
goldfinger
- 25 Feb 2005 11:19
- 449 of 2444
MMG still holding up well.
cheers GF.
mitzy
- 25 Feb 2005 11:24
- 450 of 2444
British Bulls recommend them as a buy..
http://www.britishbulls.com/StockPage.asp?CompanyTicker=MMG&MarketTicker=FINANCIALS&Typ=S
jimmy b
- 25 Feb 2005 11:39
- 451 of 2444
Chad , they have two main tips and lots of updates. JB....