posted
Me too. I think .02 might be the bottom of this minor bounce either tomorrow or the next day. I'm looking for it. We could see a very nice climb this month similar to the original climb.
[ May 18, 2005, 22:20: Message edited by: Peaser01 ]
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
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posted
The Elliot Wave is a good predictor of a stock's move. It's not 100% acurate, no predictor is, it just indicates the tendancies based on social crowd behavior. The market market advances in 5 sub-waves, then corrects in a 3 sub-wave corrective pattern.
Ex: In an uptrend the advance wave consists of: wave 1 up significantly, wave 2 down a little, wave 3 up significantly, wave 4 down a little, wave 5 up significantly, ...then corrects with wave 1 down significantly, wave 2 up a little, wave 3 down significantly until it reaches support.
It then continues it's larger trend, bull or bear.
I'm watching from the sidelines since MSEP took a dip from .08. It was in a bullish trend then and had to correct. MSEP has broken the small bearish trend and risen again from the mid teen's.
At http://stockcharts.com type in MSEP Looking at the chart we are, or should be in, wave 2- down a little. Wave 3 should now take hold and move higher according to Fibonacci ratios to somewhere in the .03's or so before wave 4 zags down.
MotorSports Emporium is Represented in ``The Greatest Spectacle in Racing'' Thursday May 26, 9:30 am ET MSEP Looks for Tremendous Exposure from the Indianapolis 500 and Its Sponsored Drivers
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--May 26, 2005-- MotorSports Emporium, Inc. (OTCBB:MSEP - News) expects to be well represented during this weekends 89th running of the Indianapolis 500. ADVERTISEMENT
David Keaveney, President and CEO of MSEP said, "Marco Andretti, sponsored by ScaleCars.com, will race car No. 26 on Friday May 27th in the IRL Menards Infinity Pro Series(TM) Futaba Freedom 100 at the Indianapolis Motor Speedway. Andretti secured pole and a win in St. Petersburg, FL last month and has since received tremendous media coverage. ScaleCars.com is on Marco's car and race uniform and should provide impressive exposure for the ScaleCars.com brand."
Keaveney continued, "Bryan Herta starts in row 6 on Sunday's 89th running of the Indianapolis 500. Herta races for Andretti Green in the XM Satellite Radio car No. 7. Both DriversDigs and ScaleCars will be on Herta's helmet and race uniform. Herta is having an impressive season with back-to-back poles (Phoenix and St. Petersburg) and two consecutive top 5 finishes. Herta is currently running 4th in the IndyCar® Series. We expect Bryan to race strong on Sunday."
In other news Rhonda Keaveney, COO of MSEP said, "Our eBay® store is serving its purpose, converting older inventory into cash. We've had great success since inception, March 21, 2005. Our 31 day average is now over $13,000, well above our original projections. With 100% positive feedback from over 130 comments received, our team is definitely doing something right."
Rhonda continued, "We are creating a robust commercial that will soon air in selected regions throughout the US and eventually in Europe. Additionally, we are building upon our search engine optimization to aggressively increase web site traffic. We are retaining a service firm that can position and maintain ScaleCars.com amongst the highest rankings within the more popular search engines. The marketing efforts will have a direct effect on the other MSEP divisions; DriversDigs.com and PitStop Studios.com."
Earlier this year MSEP declared ScaleCars will not be their largest revenue generator but rather a contributor to the companies overall success.
"It important at this time to reiterate and clarify the direction MSEP is taking. Within our first quarter we devoted an incredible amount of time 'cleansing' the company and ensuring a clear direction for our subsidiaries ScaleCars, DriversDigs and PitStops Studios. Our focus is to solidify a future through revenue growth and expansion. In our last release I stated, 'Our aggressive growth strategy focuses on the creation of value through strategic partnerships, joint ventures and acquisitions. We are currently finalizing the details with an acquisition candidate. This consummation would substantially contribute to our 2005 projected revenue goals of $1M to $5M and grow MotorSports Emporium into an international business with long-term revenue and earnings growth. Needless to say we are very excited moving forward'. To be compliant, I am unable to disclose the particulars of that merger candidate. As we progress and as permitted, I will inform the investment community. However, I can tell you we are adamant about international growth and foresee an upcoming announcement detailing an ancillary project," David Keaveney concluded
Thought that this might cheer ya up a little, Joe!
Nice upswing today!
Go MSEP!
-------------------- Whatever... Posts: 81 | From: Rhode Island | Registered: Jan 2005
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posted
MSEP Signs LOI with Official Brake Fluid of the American LeMans Series Thursday June 23, 9:30 am ET MSEP Enters High Performance Automotive Product Field
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--June 23, 2005--MotorSports Emporium, Inc. (OTCBB: MSEP - News) a fast track motor sports company specializing in die cast collectable cars, automotive and racing art, original racing memorabilia and product licensing announced today the signing of a Letter of Intent (LOI) with Michael G. Wachholz, brake consulting expert and creator of Prospeed GS610 Maximum Performance Brake Fluid to develop, market and distribute a high quality performance brake fluid.
David Keaveney, President and CEO of MotorSports Emporium comments, "In order for MSEP to quickly grow to forecasted revenue projections we need to focus on proven product lines which need our resources to reach their full market potential and contribute to our profitability. Prospeed GS610 Maximum Performance Brake Fluid is a turn-key solution that could deliver the desired results and increase value to our shareholders. Under the terms of the non-binding LOI, the parties have agreed to prepare definitive agreements which would give MSEP both national and international rights to exclusively develop, market and sell Prospeed GS610 Maximum Performance Brake Fluid."
Michael G. Wachholz comments, "Brake fluid is the last consumable in the functional fluid category (as defined by the AAIA) of which there has been no new developments offered in over three decades and for which no one has attempted to market as a 'premium' product with a commensurate 'premium' price point. Prospeed GS610 Maximum Performance Brake Fluid exceeds the performance of all brake fluids currently on the market and sets a new price point and profit margin for both distributors and retailers. The product also has a unique marketing angle; it's the 'Official Brake Fluid' for the American LeMans Series and the Speed World Challenge."
Wachholz continued, "MSEP with Prospeed GS610 will work exclusively, nationally and internationally, to penetrate the lucrative motor sports and auto enthusiast market. Our collective relationships and contacts shall offer many new opportunities to leverage from. The market penetration and growth potential are impressive given MSEP's driver relationships and the product's successful track record of use in winning race cars. We plan to establish Prospeed GS610 as THE premier high performance brake fluid."
Keaveney concludes, "Prospeed GS610 has already made a name for it self in the high performance market commanding a premium price and performance status. With a "hard core" racing enthusiasts market of 2-3 million potential customers and an additional auto enthusiasts market greater than 72 million in the U.S.A. (according to SEMA - Specialty Equipment Manufacturers Association- 2002) Prospeed GS610 has a large market potential with a typical retail customer spending between $40-$80 annually for a complete flush/refill. Our goal is to develop the infrastructure and distribution network to ramp up the previous successful sale efforts to a much higher level commensurate with our revenue forecasts."
About MotorSports Emporium, Inc.
MotorSports Emporium Inc. is a fast-track company in the motor sports industry targeting enthusiasts who participate in die cast collectible cars, automobile restoration, high-performance accessories, motor sports-related collectibles, automotive and racing art, driver's apparel, race venues and product licensing. For more information visit www.motorsportsemporium.com. For product visit www.scalecars.com,www.driversdigs.com and www.pitstopstudios.com
About Prospeed GS610 Maximum Performance Brake Fluid
As the newest and highest performance brake fluid available, GS610's 610 degrees F (321 degrees C) boiling point exceeds the dry boiling point of all competitors. Prospeed GS610 was specifically designed to address the extreme environment of racing, sports car and all other driving environments where high temperature stability and consistent maximum performance are required. Prospeed GS610 Maximum Performance Brake Fluid is a DOT 4 brake fluid which meets or exceeds all requirements of FMVSS 116 and SAE J1704. Unlike many other racing brake fluids it is miscible with all DOT 3, DOT 4 and DOT 5.1 brake fluids. Prospeed GS610 Maximum Performance Brake Fluid is sold by select retailers nationwide. For more information and a list of current retailers, please visit www.GS610.com
This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.
-------------------------------------------------------------------------------- Contact: MotorSports Emporium Inc. David Keaveney, 480-596-4002 info@motorsportsemporium.com
-------------------------------------------------------------------------------- Source: MotorSports Emporium Inc.
Posts: 22 | From: Slovenia | Registered: Nov 2004
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posted
yup yup, I think this is an important development. Toy cars NEED high performance brake fluid to keep them from rolling off the mantle.
Posts: 176 | From: South Bay, California | Registered: Feb 2005
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posted
This deal is bigger than anyone realizes. At 0.0123 this is a steal.
Read the following:
As to the market potential of a "premium" brake fluid . . .
Think about all the guys you know (or have seen on the freeway)that have spent $1000 - $4000 on wheels/tires, $125 on a K&N or AirHog air filter, $75 on a Momo shift knob, $300 for the new trendy clear style tail lights, $100/ea on drilled high performance brake rotors (at a price more than 2x the oem replacement) $600-$2000 on a cat back exhaust system. And this is just the tip of the automotive performance aftermarket iceberg.
I have done a little amateur racing in both a Porsche and a shifter kart. And I don't own any shares of MSEP so I hope you will view this as unbiased and without a vested interest.
To the best of my knowledge GS610 has been on the market for a relatively short time and for it to break into the ranks of IndyCar, American LeMans Series, Speed World Challenge let alone taking 4 of the top 10 positions (including the winning position) by a team like Andretti Green Racing says far more about this brake fluid than any press release ever could. Did you know there has never been an "Official Brake Fluid" to a race series ever before? Whoever is behind GS610 knows their marketing very well.
I have used Castrol SRF, Motul, AP and Ford brake fluids in the Porsche. Let me tell you, this stuff is truly better than the rest. Yeah, its quite a bit more expensive but in the big picture it has saved me money. I don't need to bleed the brake anywhere near as much as I did with the other fluids and GS610 doesn't have any of the pedal fade at high temps like the others. I and many of my car nut friends were skeptical but having tried it, I can say the claims are true. Most of us here in the local Porsche Club have switched completely over to GS610.
The market potenial for this is HUGE! If the auto enthusiast market is 72 million as claimed and they got as little as 1/10% of the market (the stuff is expensive at $39.95/btl). . . Well you do the math. Then multiply that to a 1% share of market. That's lotsa $$ in my book.
posted
MSEP Ships Product to Andretti Green Racing; Andretti Green Racing Continues to Use Prospeed GS610 Maximum Performance Brake Fluid(TM) for Upcoming Races
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--June 27, 2005--MotorSports Emporium, Inc. (OTCBB:MSEP), a fast track motor sports company specializing in die cast collectable cars, automotive and racing art, original racing memorabilia and product licensing, and Michael G. Wachholz, brake consulting expert and creator of Prospeed GS610 Maximum Performance Brake Fluid(TM), announced today 3 cases of Prospeed GS610 Maximum Performance Brake Fluid(TM) were shipped to Andretti Green Racing.
David Keaveney, President and CEO of MotorSports Emporium comments, "On the heels of a definitive agreement we have already begun strategizing with Wachholz on future GS610 transactions. The shipment of the 3 cases to Andretti Green Racing is a strong vote of confidence for us all."
Michael G. Wachholz comments, "As the 2005 Indianapolis 500 winning super team, Andretti Green Racing understands the significance and advantage of superior and consistent brake fluid performance. They realize the performance benefits of Prospeed GS610 and continue to use it as part of their race winning strategy."
About Prospeed GS610 Maximum Performance Brake Fluid(TM)
As the newest and highest performance brake fluid available, GS610's 610 degrees F (321 degrees C) boiling point exceeds the dry boiling point of all competitors. Prospeed GS610 was specifically designed to address the extreme environment of racing, sports car and all other driving environments where high temperature stability and consistent maximum performance are required. Prospeed GS610 Maximum Performance Brake Fluid is a DOT 4 brake fluid which meets or exceeds all requirements of FMVSS 116 and SAE J1704. Unlike many other racing brake fluids it is miscible with all DOT 3, DOT 4 and DOT 5.1 brake fluids. Prospeed GS610 Maximum Performance Brake Fluid is sold by select retailers nationwide. For more information and a list of current retailers, please visit www.GS610.com.
This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.
Posts: 22 | From: Slovenia | Registered: Nov 2004
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posted
last time MSEP hit .011, it ran to .029 within a week. this will run soon, im in. lots of buys this morning, and the bid is building.
Posts: 824 | Registered: Oct 2004
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