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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.

goldfinger - 30 Mar 2005 00:24 - 920 of 2444

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.

mitzy - 30 Mar 2005 07:59 - 921 of 2444

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..!

goldfinger - 30 Mar 2005 08:03 - 922 of 2444

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


cheers GF.

goldfinger - 30 Mar 2005 08:06 - 923 of 2444

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

cheers GF.

rob308 - 30 Mar 2005 08:06 - 924 of 2444

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

mitzy - 30 Mar 2005 08:14 - 925 of 2444

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

goldfinger - 30 Mar 2005 08:17 - 926 of 2444

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

cheers GF.

goldfinger - 30 Mar 2005 08:21 - 927 of 2444

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.

rob308 - 30 Mar 2005 08:23 - 928 of 2444

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.

mitzy - 30 Mar 2005 08:31 - 929 of 2444

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.!

goldfinger - 30 Mar 2005 08:34 - 930 of 2444

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.

goldfinger - 30 Mar 2005 08:54 - 931 of 2444

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

cheers GF.

rob308 - 30 Mar 2005 08:56 - 932 of 2444

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

goldfinger - 30 Mar 2005 09:03 - 933 of 2444

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

cheers GF.

bristlelad - 30 Mar 2005 12:47 - 934 of 2444

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

mitzy - 30 Mar 2005 12:57 - 935 of 2444

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

goldfinger - 30 Mar 2005 12:58 - 936 of 2444

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.

bhunt1910 - 30 Mar 2005 13:03 - 937 of 2444

Just back from holiday - and have spent the last 2 hours going through this thread - absolutely unbeleivable - and I have missed out on the action - I was not confident enough to buy in before I went - thought I would leave it until I got back - bad decision.

I have no holding at the moment - but the news seems very positive for the future still so am going to put my toe in the water as I do not have the nice profits that some of you have from buying earlier.

Can I say congrats to GF again for spotting yet another great share last November - and to all those who have contributed so constructively since. Well done all - keep it up.

Bazza

bhunt1910 - 30 Mar 2005 13:03 - 938 of 2444

Just back from holiday - and have spent the last 2 hours going through this thread - absolutely unbeleivable - and I have missed out on the action - I was not confident enough to buy in before I went - thought I would leave it until I got back - bad decision.

I have no holding at the moment - but the news seems very positive for the future still so am going to put my toe in the water as I do not have the nice profits that some of you have from buying earlier.

Can I say congrats to GF again for spotting yet another great share last November - and to all those who have contributed so constructively since. Well done all - keep it up.

Bazza

andysmith - 30 Mar 2005 13:30 - 939 of 2444

I believe that mm's will play with this whilst they have the opportunity.
They may try some tree shakes before next announcement and I will get back in when I feel it is right as MMG should still be a dosh maker from here.
I had to take some profit yesterday though having bought tranches between 68-81p I have be banking profit on the way up and can still buy back in at a lower sp than I sold yesterday.
Mitzy, I'm interested to know how you know so much though, surely if you don't have some inside info and Ruthenium is KNOWN to be good and one of big pharmas already lined up this would be out and MMG sp would be in orbit?

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