Mereo Biopharma Share Discussion Threads

[momentos] 21/2/2007 13:05

Lol straight through!

[momentos] 21/2/2007 13:02

140p taken out yesterday. 150p today?!

Off round and about till tomorrow, sell order booked at 159p to be the knackered trader & cohorts to the punch (not)!

Keep it going for me!!

M

[wbjunior] 21/2/2007 13:00

£1.50 on the offer..................yes wbj

[momentos] 21/2/2007 13:00

Marben - OT, what's your curernt view of a bit of Knife catching on Accident Exchange?!

I see they was a bit of banter on TMF about them. Seem overly punished for achieving superb rather than stratospheric growth. Note comments re Isurers being tough cookies & potential squeeze, but if this is illusory then surely a good punt?

[momentos] 21/2/2007 12:55

They will hold short / long positions though. How long or short and over what timescale they look to balance the books is up to them. It was noticible that they took a large amount through January at around 110p without flinching.

Having some knowledge of whats brewing helps them, of course, to keep the necessary balance. I am sure they have made a nice turn on the shaers collected in January...

[marben100] 21/2/2007 12:51

MMs in a small stock like this don't usually hold much. That's why the share price is so volatile. They certainly won't buy or sell 100K or more unless they know there's a counterparty. If they have to buy or sell in quantity "on risk", they'll only do so at a price well away from the current quote. The "T" trade is generally an order that has sat on the books until there are sufficient buyers or sellers to satisfy it.

For MPH all MMs are only quoting is sizes of 5K or 10K. They are not obliged to buy or sell greater quantities than this.

There's a lot of nonsense talked about MMs. Whilst some share price manipulation does go on, the price is mostly driven by supply and demand. Why do people think the price has risen so fast? It's because there aren't enough sellers to satisfy demand at lower prices. Simple as that.

[wbjunior] 21/2/2007 12:49

Plus market
21/02/2007 12:25:05 148.00 13428 O 1987344.00
21/02/2007 12:20:17 148.00 2500 O 370000.00
21/02/2007 11:56:29 148.00 3378 O 499944.00
21/02/2007 11:36:50 148.00 1360 O 201280.00
21/02/2007 11:10:53 148.00 8157 O 1207236.00
21/02/2007 10:55:56 148.00 2681 O 396788.00
21/02/2007 10:38:13 146.50 1750 O 256375.00
21/02/2007 10:16:32 148.00 3000 O 444000.00
21/02/2007 10:10:23 148.00 10000 O 1480000.00
21/02/2007 10:00:17 148.00 1000 O 148000.00
21/02/2007 09:55:05 148.00 5000 O 740000.00
21/02/2007 09:53:59 148.00 675 O 99900.00
21/02/2007 09:47:21 148.00 5000 O 740000.00
21/02/2007 08:41:23 142.50 20000 O 2850000.00
21/02/2007 09:38:46 146.95 320 O 47024.00
21/02/2007 09:37:31 147.00 4000 O 588000.00
21/02/2007 09:34:37 147.00 4000 O 588000.00
21/02/2007 09:29:04 147.00 5000 O 735000.00
21/02/2007 09:15:55 144.95 400 O 57980.00
21/02/2007 09:04:25 145.00 758 O 109910.00
21/02/2007 08:59:38 145.00 1213 O 175885.00
21/02/2007 08:48:03 141.55 1450 O 205247.50
21/02/2007 08:47:15 145.00 4000 O 580000.00
21/02/2007 08:42:33 141.50 400 O 56600.00
21/02/2007 08:30:43 145.00 1000 O 145000.00

[wbjunior] 21/2/2007 12:45

ok Lex first to £2 buys the cakes too. Like you I have had other shares I would have liked to put money into like cct but thought whats the point if both give projected similar returns, from my point of view diversification is needed so hopefully when mph are overvalued I will spread my risk over perhaps 5
+ companies. Have to get these along way forward imo first

PS I'm not buying real cream cakes unless we hit £3.................lol...wbj

[lex1000] 21/2/2007 12:37

wbj,thanks.Being quite open would have been good idea to take profits out of CCT approx £9k+ and put 'em into MPH before the predicted rise.MPH was always going to head up back to fair value.Did consider it as posted but in the end decided to keep to 2007 strategy.Have both CCT & MPH similar potential target prices & both pay progressive divi.CCT more than likely get bid for so MPH possibly has the edge on continuous % yield.Race you to 200p,whoever gets there first pays for the beers or perhaps a pleasing glass of vino.Always fun chatting with you wbj.MPH has steeper more vertical chart & deservedly so.Cheap cheap cheap.

[lex1000] 21/2/2007 12:29

wbj,ALL going to plan here.Well done you.You've almost caught up with me!MPH is a cracking share and still undervalued.Just waiting confirmation aquisition is a 100% done deal.Forgone conclusion,then 185p+ beckons.imho.

[momentos] 21/2/2007 12:28

Getting Boring now...!

Bring back the 9 months of 2006 oscillating around 110p... far more exciting..

[wbjunior] 21/2/2007 11:43

Taking a breath for a few momments before moving on. I recon that 100k could have been a buy from back before and the mm were suppressing it.................wbj
Reported as 10.06 time transaction

I recon the only sellers are the MM who are obliged to hold sufficient stock to make a market, when they run short the party starts to get into full swing imo

steady buying pressure and no selling todate

[nardelli] 21/2/2007 11:29

bought at 50p did not sell at 1.87 am I up or down........

[wbjunior] 21/2/2007 10:17

Well done Krazykid, now some gravy for you..............wbj

[krazykid] 21/2/2007 10:15

AT LAST! Back to break even and it seems like an eternity, well done to all those that got in more recently.

[skintvestor] 21/2/2007 10:11

Strange 100k trade at 132 just gone through. Anyone know what that`s likely to be?

[momentos] 21/2/2007 10:10

And a 100K T trade at 132 ?!

Somebody got an astonishingly good or bad deal there... unless its been in the market for ages.

[wbjunior] 21/2/2007 10:10

Clear run to £2 imo, and then only on a p/e of around 10

[momentos] 21/2/2007 10:09

They are indeed....

Just wait until he starts doing shoes.....!

Looks like a late reported 20k sell on Plus at 8.40:

21/02/2007 08:41:23 142.50 20,000 O 28,500.00

[remynapoleon] 21/2/2007 09:54

Are those hats anything to do with our slightly loopy designer momentos ?

remynapoleon

[momentos] 21/2/2007 09:49

AS lex indicated, momentum trading is starting to kick in, which could cause a swift rise towards £2.

Not sure where the first profit takers kick in... most recent buyers on board 130p+. We will find out at 150p / 160p I suppose...

[skintvestor] 21/2/2007 09:47

You can say that again!!!