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.

I was in @295p, and thinking to top up more tomorrow. It is interesting me that the price was holding @250 from 11:32am till end, such a long period, seems to me it is the bottom. Is that meant most buyers set their stop loss at the price 250p? I am still learning, so my Q may be silly, thanks for your patients.

Yes Id say 270p and 250p. Must admit Im not bothered one jot, can understand some though on a lower budget will have been panicked out. Lets face the facts we have had one hell of a run, and nothing goes up in straight lines, maybe it had got a little way in front of itself.

Still think too many are looking at this as Biologists rather than Business Men. Just wait till the big boys start to come in. We will get one and then I feel a bidding war for Genvax, MMG will call the shots. Do they take it further and potentialy increase the size of their investment or do they sell at this early stage. Either way were in for one heck of a price rise.

cheers GF.



che

Its a shame GF i got out at 180p (with a nice profit i might add ) i could'nt watch the price enough due to being away for the month. Due home next Monday so am thinking i may buy in again tomorrow while its down. Nice to see the positive remarks on here...JB..

I think theres a lot thinking that way Jimmy. Just wish we could get something on the table from the Ruthenium Compound trials.

cheers GF.

gf :

We all expect volatile trading in the weeks going forward so nothing unexpectd there but when the good news is finally announced it will make yesterdays share price seem laughable...hold on for a roller coaster..!

Thanks for the reasurance Mitzy. Well were up at the very beginning which is a positive sign.


cheers GF.

Up 8p now, looks like them stop lossed out yesterday are returning. Buy buy buy.

cheers GF.

I think 250 was a big stop loss and resistance level. Iwould be happy with (and expect) consolidation at 260 close today. I am looking to take a little profit before financial year end and am looking for 280 before the 5th to do so. But the bulk of my holding stays.
rob

I too bought at 250p ish yesterday gf...

I bought so many yesterday I cant remember what price I bought them at unless I check my Broker accounts.

cheers GF.

Any rallying call from Mike Walters last night?, anyone know?. Have seen something to this effect on another site but Im not sure I would trust the poster.


cheers GF.

the market's bloody miserable again....... volumes so low. I think more and more people are turning easter into one or two week break. Roll on next week.

gf;

Trust me and Mike Walters that everything he has said is true...by the end of the year the products will be licensed to a big pharma..this is going to explode upwards.!

That at the end of the tax year aswell Rob. Id ban these bank holidays, the momentum is always lost when you return.

cheers GF.

Well its holding its own at the moment. The rest of my portfolios are a sea of red.

cheers GF.

not a good day for small caps, think we may see another test of 250, my feeling is that 250 is now a strong buy signal and lower resistance will be solid. Still hoping for a good pos finish today

Yup bring on the Yanks and lets hope their futures are up.

cheers GF.

hi boys and girls/ I think that the dow futures are going to up//about 30 pionts so here hoping/////

I reckon the pennant is breaking out after stablising at 250p.

Well thats good news at least. Looks to me like the MMs are playing with the price on the up. Be very carefull.

cheers GF.