Mereo Biopharma Share Discussion Threads

[lex1000] 20/10/2006 12:56

Next move either way will be news driven.One of those days today even AHT taken down to play with support/resistance @ 150p.Time to consider buy.Do not see anything sinister here.Until evidence to contrary market shaking out stale bulls & the panicky.aimvho.DYOR.

edited:13:06 did not read right.

[argy2] 20/10/2006 12:53

taffee

Interested in what?........Lloyds TSB?

[taffychaff] 20/10/2006 12:51

rumours in the office here( pi trading room) that barclays are interested again

[argy2] 20/10/2006 12:48

Not sure which electronic systems are used...my broker has them well 'offered' and bid only in tiny size (1k) on his electronic system.

[lex1000] 20/10/2006 12:35

Actual spread 98p-101.45p.Market got MPH under tight control moving down as sells appear.Unless large delayed sell trade shows,trading on thinest of volumes.Market psychology in play.imho.

[chap1889] 20/10/2006 11:59

1 v 5 (99 - 103)

online buy 7,500 at 102.45
online sell 1,500 at 99

[lex1000] 20/10/2006 11:50

ARGY2,from what I can see MPH gone very quiet.Encouraging "some" selling.Reason for on line limits perhaps thin trading and not much stock about.I tried buying 13,500 shares which market did not have but would sell me up to 7,500 which presumably matches those sold showing on PLUS 20/10/2006 10:14:51 100.00 7,646 O 7,646.00. Your guess is as good as mine as all may not be as seen.

Sat on 20p old money support.This usually where Brindy comes in to say has bought some more.

[lex1000] 20/10/2006 11:44

Recent director buying in meaningful quantities not forgetting institutional buying, possibly points the way to successful MPH post YSL.Market is waiting to be convinced.What's in public domain points to trading 125p-150p and share price worth much more.If there are reasons why not then holders will know soon.If there aren't then may see coil spring whiplash effect.I'm sitting in the middle of the two & mentally allowing for 2007 to see truer & fairer valuation.Hopefully company will not disappoint.aimvho.

[argy2] 20/10/2006 11:41

lex1000

So easier to buy just now than sell?

[lex1000] 20/10/2006 11:33

Limits to on line dealings.Tried large dummy trade which was declined.Buy limited to 7,500 max bid 99p offer 102.45p.

[wbjunior] 20/10/2006 11:26

I am Tufty no worries buying more at this price , have a good day my dear friend and stop worring about me..........lol.......wbj

[tuftymatt] 20/10/2006 11:17

WBJ,

Always looking on the bright side my fiend. Hope for your sake you are right.

[wbjunior] 20/10/2006 11:06

tree shake, hold and add sign, gets the average even lower........................wbj

[lex1000] 20/10/2006 10:47

gb2005,explanation that's the market for you.At simplest makes market & not forgetting profit matching buyers to sellers.Shares get oversold and overbought whilst other stagnate in between.Manipulation may mean share price artificially high or low. Market is not always about fundamentals and fair valuations though ones hopes for true valuations to be reflected in share price eventually.I look @ trends hasten to add in a non scientific way together with what is in public domain.Determines Buy,sell or hold. MPH travelling through a transitional period.Once any uncertainties removed MPH should fly.Buying opportunity and or wait sidelines for the sign!

[andyok3] 20/10/2006 10:42

Market Makers

[gb2005] 20/10/2006 10:38

lex1000 and puggley

what is it nowaday with investment? string of insignificant sales like 666, 50, 99, 385, 500 shares could bring any company value down by several percents! While sometimes good news not even moves any thing, but wait for 5 or ten under &2000 in trading money and share price moves .... ummm ... DOWN again. What thje heck could be the explaination?

I don't get it

[gb2005] 20/10/2006 10:38

lex1000 and puggley

what is it nowaday with investment? string of insignificant sales like 666, 50, 99, 385, 500 shares could bring any company value down by several percents! While sometimes good news not even moves any thing, but wait for 5 or ten under &2000 in trading money and share price moves .... ummm ... DOWN again. What thje heck could be the explaination?

I don't get it

[petersinthemarket] 20/10/2006 10:38

Non-stock question - Any chance you can now ditch the time-worn fashion show on header? If wanting to appear topical perhaps add a couple of suitable statics. I like the charts, but it takes 45secs to open this thread on my pc, compared to 6secs max for most others..PIM

[cosnova] 20/10/2006 10:34

market makers testing the weak holders!

[lex1000] 20/10/2006 10:22

Pugg1ey,giving me the hump.Can't rule out dip below 100p.Hope for confirmation of strong trading figures, growth replaces YSL lost revenues etc.The bad news OB & legal costs,think another large sum question large sum in accounts and like to see confirmed improvement in collection of monies owed.The nearer to November we get nearer outcome of court case.So -ve short term stuff hopefully negated by strong trading and growth going forward.Supports @ 95p and 90p.Diversity is best.Favourite TLW can rely on.I like JKX.Watch SEY trading tight within 16p-18p bouncing around wildly; usually 17p-18p.Numerous false dawns only to see share price drop back again.Institutions have accumulated and from "trading perspective" possible to see breakout to 20p.MPH example of problem all eggs in one basket during long period of consolidation awaiting news!

[dan de lion] 20/10/2006 10:11

plus market:-

20/10/2006 09:43:17 100.00 517 O 51700.00
20/10/2006 09:41:59 102.45 500 O 51225.00
20/10/2006 09:41:59 100.00 2027 O 202700.00
20/10/2006 09:41:59 100.00 132 O 13200.00
20/10/2006 09:31:44 102.00 9783 O 997866.00

[pugg1ey] 20/10/2006 09:52

was that 385 sell the straw that broke the camels back!?

[lex1000] 19/10/2006 22:06

MPH thread!

[lex1000] 19/10/2006 22:05

tufftymatt,spoilt for choice as so many obvious winners.Yes SL. will continue reward investors.Linking with off topic (mine)here's previous running commentary on JKX thread.May be biased as holding.Same MPH.DYOR. Apologies in advance if o/t causes offence and two links as peace offering.regards to all.regards lex [hd]






-lex1000 - 19 Oct'06 - 21:51 - 3089 of 3089 edit
littleredrooster 3086, precis of the script is 440p & beyond. Save hitting the filter button or reading copy of waffle below copied to save scrolling back.I prefer the abridged version.regards lex ;o) [hd]

-lex1000 - 6 Oct'06 - 13:34 - 2951 of 3088 edit

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-lex1000 - 10 Oct'06 - 11:26 - 2975 of 3088 edit
Good buying volumes today.JKX must breakout only a question of time.

-lex1000 - 10 Oct'06 - 11:39 - 2976 of 3088 edit
Looking at todays buys wondering if news leaked or JKX tipped anywhere?

-lex1000 - 10 Oct'06 - 11:43 - 2977 of 3088 edit
All buys on PLUS.

10/10/2006 11:22:03 279.95 3,016 O 8,443.29
10/10/2006 10:21:08 279.95 1,000 O 2,799.50
10/10/2006 10:03:32 279.95 350 O 979.82
10/10/2006 09:58:26 279.95 1,800 O 5,039.10
10/10/2006 09:49:04 279.95 2,128 O 5,957.33

-lex1000 - 10 Oct'06 - 12:24 - 2978 of 3088 edit
Small trade gone through @ 281p.Insignificant or possibility share price about to breakout above 280p?

-lex1000 - 10 Oct'06 - 14:07 - 2979 of 3088 edit
Possible breakout above 280p and healthy buying volumes.Looking very positive for return to 300p?

-lex1000 - 12 Oct'06 - 13:31 - 3013 of 3088 edit
thais, personally do not consider JKX as an immediate take over target. However,do see share oversold and undervalued with strong potential for upside.In my opinion ignore any volatility taken advantage to buy on any weakness.Evidence of strong buying of late.I've been watching JKX for months,more recently suggested as strong buy.

For your information shares are also traded on PLUS which means do not see ALL trades here on advfn.It is possible to hide buys and sells or vici verci.dyor.





-lex1000 - 12 Oct'06 - 13:56 - 3014 of 3088 edit
Looking at a previous post,noting trades and the way JKX trading appears to be accumulation of shares going on.The intraday volatility shakes out some sellers,window of opportunity to buy on the dips and serious buying appearing.Note 55k buy @ 292p.Used to seeing this 50p - 100p. Alas sold 100K JKX at those levels! Not making same mistake and holding firmly.Share price fell from 440p to 250p and consider 350p is more representive of current value.View them as strong buy and suggested as such by someone who knows better than I.

Time to consider research before hoping on board and see shares sub 290p being snapped up.Attention drawn to large cup & handle on chart.Too soon to be talking of 600p,however,remains possibility longer term.Whoosh can occur at any time,just look at TLW.Too late then to get in more cheaply after it happens,the whoosh that is.Suspect JKX has capacity to go up 10% in double quick time.Time for holding short & long term rewards.aimvho.dyor.

-lex1000 - 12 Oct'06 - 14:35 - 3015 of 3088 edit
Breakout and hold above 290p would be significant for this stock.Should see ask sub 290p snapped up. IF history repeats itself could possibly see speedy rise from 300p to 370p; dip for consolidation before moves to 440p and onto higher highs? Early days lets see if consolidate and build support on 290p.

-lex1000 - 13 Oct'06 - 09:08 - 3030 of 3088 edit

13/10/2006 08:50:11 297.51 1,668 O 4,962.46
13/10/2006 08:36:25 295.50 351 O 1,037.20
13/10/2006 08:36:17 297.71 163 O 485.26
13/10/2006 08:29:54 297.71 1,000 O 2,977.13
13/10/2006 08:20:17 297.71 500 O 1,488.55

nb.trades on PLUS not always notified immediately.Sometimes up to 30 minute delay I have found..

edit:13/10/2006 09:07:13 297.96 580 O 1,728.16

-lex1000 - 13 Oct'06 - 09:34 - 3031 of 3088 edit
inki

Investor Chronicle is another subscription cancelled some years ago so thank you for posting.Quite rightly highlights JKX potential in a balanced way and do like the phrase "conventional wisdom." All to play and go for here.Some inevitably sell on the way up.I would never knock anyone banking profits,however,allways worth keeping some core holdings riding your winners.Premature I feel to be selling this side of 370p and worth waiting for true long term gains.Interesting to see whether penned scenario comes to fruition.I believe it will.Classy share.HOLDING.

-lex1000 - 13 Oct'06 - 10:05 - 3032 of 3088 edit
There is resistance @ 300p.IF JKX repeats what happened at the beginning of 2006 which I have suggested it will, then do not think JKX will hang about 300p for too long.May be lucky to buy sub 300p on any intraday dips.Do bear in mind oversold 440p to 250p rebounding and recovery play.Watch for momentum buyers appearing over the next week or two.

BIGBOBJOYLOVE - 13 Oct'06 - 10:07 - 3033 of 3088
MMs not wanting to sell stock if u see level2.

-lex1000 - 13 Oct'06 - 10:11 - 3034 of 3088 edit
Mickey makers get hold of stock using wild intraday swings, do not be surprised to see a repeat of suddenly dropping bid to encourage some selling.Therefore possible to see 290's intraday.On the other hand with this weeks mention in IC and momentum buyers skies the limit.Let the trend be your friend and ride with your winners.Holding.

David Brent - 13 Oct'06 - 10:19 - 3035 of 3088


........me and the trend haven't spoken since may!

-lex1000 - 13 Oct'06 - 11:20 - 3036 of 3088 edit
...........December/January (2006) similar trend developing and reason for speaking out more recently.Positive comments from IC with repeated buy recommendation.Interesting discussing similar cup & handle charts to JKX on another thread.

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