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MBP - Metabolic Pharmaceuticals

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Hi 3

Market Depth is staying robust now too ... posted the wrong chart this morning I'll update tonight
 
Dutchy don't loose to much sleep with MBP -it will soothe your soul when it gets back down to low 50's . I have 2 lines at 43 cents & 49 cents??? so don't loose any sleep just yet -G'nite
PS: I have been following this share for some time -I feel confident in this one.
 
3 here is chart ... my signal week was last week and I've been a buyer this week. Only Tuesday while I write and yet volumes already healthy for the week. Expect this one to play out over 12 - 18 months
 

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Hey 3 ... 62.5 at the moment with nice increase in volume. If this can hold these levels for the close on Friday this will be as good a breakout confirmation as I have seen.
 
Following is a post on Pharmalive

http://www.pharmalive.com/News/index.cfm?articleid=380748&categoryid=54
CEO presents at Intersuisse Life Sciences Forum (London)


"MELBOURNE, Australia, 12 October 2006: The CEO of Metabolic, Dr Roland Scollay, while in the UK to present at the Intersuisse Life Sciences Forum, will be meeting with a variety of European analysts, investors and other parties, in order to increase awareness of Metabolic. This forum provides a group of Australian biotechnology companies an opportunity to present to a group of specialist European investors with an interest in Australia.

The attached presentation, prepared for this roadshow, provides an overview of Metabolic’s business including an explanation of its two high potential, clinical stage drugs, AOD9604 for obesity and osteoporosis, and ACV1 for neuropathic pain. The presentation attached will also be available on Metabolic’s website, www.metabolic.com.au, from the day of Dr Scollay’s presentation, Thursday 12 October 2006. "

- ENDS -
 
Yep - As good a confirmation week as I have ever seen. Relative increase in volume coupled with the price action and I'm as confident as I can ever allow myself with regards to the future prospects of this stock
 

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Dutchy3
The wait has been well worth the exercise (how many times do you here that in trading).I for one am alittle suprised as to how much this share has held up.Lets remember the results have not been disclosed ( to my knowledge its not march 2007 is it?) and traders are jamming their gearboxs just to get in the queue.There's no way this share is hitting low 40 cent spectrum. I just hope I can find a slot to buy a few shares when the spec traders charge into another sector/sensation.
As they you to say "WATCH THIS SLOT" :bekloppt:
 
Hi 3 - This thing will get a speeding ticket if it carrys on as it has been. It was up over 20% at one stage today. No ASX releases either ... glad to see is up 10 - 13% at the mo. Would be more than happy if return these figures on a monthly basis ... not daily
 
Dutchy3 said:
Hi 3 - This thing will get a speeding ticket if it carrys on as it has been. It was up over 20% at one stage today. No ASX releases either ... glad to see is up 10 - 13% at the mo. Would be more than happy if return these figures on a monthly basis ... not daily

Personally I think it's bolted to early ,many small lines on offerings nothing substantial its all "amateurish" .Have been shuffling my orders today.But it's early days ,this share has more potential then some beleive ,no doubt when the evidence will surface in respect of results ,then I think it might be time to recline and ponder again.Meanwhile back at the piggy bank............... :sleeping:
 
Hi 3

Spinning week ... indecision ... still I'm happy to hold while expecting some opportunity cost in holding for a few weeks now. Did end up getting the ASX speeding ticket. Still the increase in volume tells me that as usual not all information on this stock is in the market and that the unlevel playing field continues to provide opportunity.

12 -18 months ....
 

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Hi Dutchy3 .....I was constantly checking the monitor for the last 2 days in MBP ,and I got the impression the excitement has wanned.No shark feeding frenzy activity today.I had a few lines that I shuffled around in the low 80's,but as you saw come midday 79.5 cents was as much as the punters could stomach.
This share will not fly till next available data ,and I must admit I'm just posturing,nothing technical just me waiting in anticipation. I'm wary of a general market correction, but looking at the results coming from American stocks it seems a distant thought. Like yourself no doubt its nice to be seeing the colour green besides MBP. Enjoy the weekend ,plenty of shares up for grabs when monday comes!
 
Hi 3

Getting a bit cute as I take positions based on a weekly chart. Still this little blighter seems to have legs even after the recent run up. Given the volume that went through a few weeks ago we might not see a further increase in volume associated with ongoing price action ... if this thing reverses it will be like trying to catch a falling knife ...
 

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The weekly chart looks like a failed attempt at older high too. Notice how it has failed the test through the 200 ma as well....bearish
 
Hi I am a new member to the forum. I bought Metabolic and got burned. Sold my stock and took the loss. Re-bought hoping to retrieve. I think there is potential here. What is worrying me is why did Monash Investments sell a large parcel of their stock now? Would like to relax a bit on this one :confused:
 
pbsear said:
Hi I am a new member to the forum. I bought Metabolic and got burned. Sold my stock and took the loss. Re-bought hoping to retrieve. I think there is potential here. What is worrying me is why did Monash Investments sell a large parcel of their stock now? Would like to relax a bit on this one :confused:

Personally I think if you have the patience ,this stock might just keep you warm in the winter months........as for getting burnt by MPB ......who has'nt been burnt by one stock or another.
 
I've been picking more of these up again today ... have gone rather 'overweight' in MBP ... I've been encouraged as to how this one has held up
 
Dutchy3 said:
I've been picking more of these up again today ... have gone rather 'overweight' in MBP ... I've been encouraged as to how this one has held up


Well I'm glad you have shown interest in this stock.I have 3 small lines for my kids @ 65 cents .But I tend to agree with you ,like in my case I have over 20 stocks in my portfolio,and when you tend to see $$$ amounts skewed towards one stock it does get a bit uneasy. This little stock should take a little nudge northwards I think once March 07 results come out (well I hope so!)
PS: did you say "OVERWEIGHT" funnnnnnnnnny :bowdown:
 
CanOz said:
Notice how it has failed the test through the 200 ma as well....bearish

Ignote that useless bit of drivel....that 200 ma was on the weekly chart!

Still in pennant mode...but closed off the high today on good volume :(
 
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