Bioprogress is a stock I have been in and out of quite a few times since it floated in May but not much mention here on the Investors' Room. Does anyone else follow this stock. I see it is up 1.5p today and a few good buyers seem to have appeared.

hyleo98,would you like to substantiate???and ssanebs....who is your broker,we would like facts mate!!!

Daily Express, nematode 2-3 days ago

You are all hungry for facts,eh? lol

We'll just go with the flow, hlyeo98. At present that's up.

LOL!!!!

hlyeo..yes read that and very interesting too.Believe wyeth option expires on the 3rd of Sept so let the engines roar!!!happy weekend all!!!

Bioprogress will be listed on the NASDAQ soon...have you heard that news, nematode?

Everybody's heard the news.

We've all heard all the news.

Daily Mail, Saturday - Market Report

"Ahead of ratification of it exclusive licensing agreement
with US drugs group Wyeth and plans for a Nadaq listing next
month, Bioprogress rose 5.5p to 105p"

Makes it sound like a done deal...

Is this good or bad for share price?

Kivver
if you believe stock market folklore, the news is in the price already. the city is corrupt and us small punters only hear about the good news once the fat cats have filled their boots. i am optimistic that tuesday will see a rise at best or static at worst. ( mind you im not a multimillionaire yet )

hyle...yes nasdaq,ubs probably as appointed us brokers,wyeth,court case,glaxo and septum,wafertab deals,etc etc....please I know alot more than you give me credit for!!!

September:


- Details of Nasdaq listings
- Possibly early court judgement, but Sept most likely
- New advisor - UBS, Merril Lynch
- Some institutions reaching 3% holding limit (UK)

- an uplift in bio / tech buying similar to Jan & Feb 03
- Broker note (maybe earlier if holding back for an rns)
- Nasdaq floatation
- Court judgement
- Institutions reaching 3% holding limit (UK & US (if relevant))
- US pharmas reaching 3% holding limit (if applicable or alternative SEC ruling)
- Possibly bids - ISP, Cardinal, other US suitor where synergies exist, but rejected
- Results
+ new director(s)
+ new manufacturing plant (US &/or UK)
+ maybe new license deal to coincide
+ progress updates of already announced licenses:
FMC
Perrigo
Aquafilm
Bristol Myers etc

Oct - December:
- US pharmas reaching 3% holding limit (if applicable or alternative SEC ruling)
- Institutions reaching 3% holding limit (UK & US (if relevant))
- Further bid rumours / approaches
- Wyeth FULL license, maybe earlier to coincide with court ruling in Sept?

Outside odds:
Vet deal
Septum
Bonus license
Expansion of license deals to existing licensees

Lets wait and see what happens. They might come earlier or later so don't count your chickens just yet. Lets wait for the surprises but a lot the above are factual dates.

IMO, September is the big push, with the build up starting next week into August. The catalyst for me is the Nasdaq listing and court hearing.

Why the drop ? Why are people bailing out on news of large investor ? What am I missing ?

Going down on lower vol.. it did the same around the 70-80p area....

and then what did it do?

Sit tight, the RNS was from 20th August, should turn shortly on the court case news and wyeth deal. DYOR.

Wyeth deal is already factored into the price..only impact will be down if less postive than expected. Court case should not greatly impact fundamentals either way. I think it's set for a slow decline back to around 90p. It's still a good price to take profits...can't see much more upside from here.

Personally I'll be surprised to see 90p not with all the news that has come out which is surely going to improve margins. if it does me thinks it won't stay there for long. All IMHO.

Copy of post from ADVFN
==
paulk - 2 Sep'04 - 18:42 - 59775 of 59776


Why's everybody getting excited because the price has fallen 5p???

It's risen by 50p in a very short space of time.

That's how it works. Some days up, some days down, but as long as the trend is up why worry?

One post by The Count hasn't done anything to the price. The price has dropped because of an RNS that was little understood and therefore people panick and sell, as well as the T-traders closing positions.

Man is one of the biggest hedge fund companies in the world and certainly the biggest listed hedge fund here in the UK.

Hedge funds short stocks that are overvalued and buy stocks that are undervalued. It shoulb't be automatically assumed that the position has arisen because of CFD's etc.

Man increased their holding in BPRG from 3% to over 4% in a very short space of time. This doesn't strike me as anything other than an investment by one of their funds in an undervalued stock which after thorough research, they have decided is a good solid investment.

Sometimes things are that simple.
==

TA has turned predominantly bearish..still predict a fall to 90p mark

Joe arsehole..finished at 99p...stupid dick!!!

My only comment is "buy the dips". It's on the up overall and so what if it drops to 85-90p.

Can't understand people - bitch during a downtrend they should have been well out of and then bitch during an uptrend during a natural pullback.

There's some right muppets about. Gawd!