Mereo Biopharma Share Discussion Threads

[dcd] 10/11/2006 14:29

L2 1x2 getting there, come on somebody buy some.

[lex1000] 10/11/2006 14:23

cir,After 5 months consolidation share price sitting on major resistance of 112.5p again.Read back posts advocating buying support @ 100p or less and NOT selling it.MPH are therefore up +11%. I do admit to being enthusiastic waited a long time for this.

[daverw] 10/11/2006 14:20

Take a look at the chart from January 1998.
Hoping this is where we are heading!
regards

[cir] 10/11/2006 14:18

the shares are up less than 2% and you are already shouting about it.

stay cool.

[lex1000] 10/11/2006 14:13

WBJ,a good week-end lies ahead for all MPH investors.Two words need to mentioned in the context of any rising share price and that is "profit takers".Inevitably there will be profit taking at some point within the next five days.Market will want MPH to trade much higher particularly if results warrant it.

MPH is a coiled spring.Breakout above 112.5p big psychological hurdle and above 125p....well..all of us have said MPH is worth at least 125p....

[wbjunior] 10/11/2006 14:06

Lex if we can't be bullish after all the downside we have put up with over the last two years when can we. It has been my experience to really enjoy days like today, as you know we have not had many of late. So a big Yippppppeeeeeeeeeeeeeeeeeeeeeeeeeeeeee wbj

[daverw] 10/11/2006 14:05

Not sure if MPH trading on the PLUS helps our cause.
It seems to me that the volume dealt is always going
to be split, which could keep us below many prospective
buyers radar.
How long has MPH been on both markets?
regards

[lex1000] 10/11/2006 14:04

sp sat right on major resistance or what was major resistance!

Any sellers.NOT me!

[lex1000] 10/11/2006 14:03

MMs pressing psychological buttons.

[dcd] 10/11/2006 14:00

L2 now 1x3 still need to move them MMs of the offer.

[lex1000] 10/11/2006 13:56

WBJ, I think we've got it right on MPH.Once confirmed MPH is as undervalued as we beleive it to be then 50% upside from 100p is possible.It is also true that MPH have let investors and the market down and have disappointed so degree of caution is required.

All my posts from perspective of buying @ 100p advocating buy @ support of 100p.The time to buy was 100p.Always make money out of MPH from 100p as posted.Easy peezey.

My bet 50% upside so 140p-150p is consistent with that and past trading trends.

Current posts NO ADVICE IS INTENDED. Potential investors must DYOR and decide for themselves.Now have to pay 13% premium to buy over consider buying 100p or below.

Those sat on sidelines from 100p looking at rise 11% thus far.More to come.Those waiting to play it safe wait results and see if buys appearing above 125p.

Results should be brilliant.Look out for S/S forward orders as indicator success post YSL.

Everyone must decide for themselves entry and exit strategies.

I'm entitled to be bullish as share price is going our way.aimvho.DYOR.

[cr4zyness] 10/11/2006 13:48

Tick up 111 on bid, a smell of results I wonder

[wbjunior] 10/11/2006 13:47

Not counting on anything with MPH's track record, but have always believed the present price level was wat to low............good luck Lex..........wbj

[wbjunior] 10/11/2006 13:45

Lex good movement but still not a great deal of buying, seems to move on almost any action, so yes it could as you say FLY..........................wbj

[lex1000] 10/11/2006 13:45

WBJ,that's another fiver you can donate to charity! lol.

[lex1000] 10/11/2006 13:42

In the event of breakout and getting confirmation in interim results that we're looking for then short term target price is 140p.Usual provisos.

Target 140p you heard it here first.R=112.5p > 125p > 137.5p and big milestone @ 150p.Do not count chickens just yet but possible mark up on results day.

[wbjunior] 10/11/2006 13:39

Yes very good so far but along way to go yet Lex, lets break the 1.2 today lol.wbj

[lex1000] 10/11/2006 13:38

We're all looking at a chart bursting to break out.It can be done on the thinest of volumes!

[ribton] 10/11/2006 13:37

Well its not long till the 15th now...

[cr4zyness] 10/11/2006 13:36

Seems the results could be pretty tasty! buyers flocking

[dcd] 10/11/2006 13:36

L2 is 2 bid 3 offer, needs more buying to move it.

[lex1000] 10/11/2006 13:36

WBJ, all smiles here.Not far off testing resistance @ 112.5p.Moving up.

[wbjunior] 10/11/2006 12:46

beat me to it Lex, but all looking good so far. its that 22.5 (113/5)level again , can we leave it far behind this time and please not another false dawn as Tufty so often has called it.................................wbj

[lex1000] 10/11/2006 12:44

Here's the buys appearing over 112.5p we were watching out for.Time to be holding.

10/11/2006 12:27:10 113.00 17,595 O 19,882.35
10/11/2006 12:20:54 112.70 9,594 O 10,812.43
10/11/2006 11:51:35 112.75 1,000 O 1,127.50
10/11/2006 08:57:50 112.95 1,314

[cr4zyness] 10/11/2006 12:34

As expected, lets hope this takes off this afternoon.