posted
MBAH appears to be at the bottom right now and oversold also. holding above this years low pretty good, .046 looks like a good entry point, looks like it may run soon.
IP: Logged |
posted
MMs took it down this morning for the shake down. SCHB on the ask at .043 this morning letting very little go at that price. buys were coming in above the ask. pretty obvious manipulation by the MMs. now time for the bounce after finding the low. this could easily double at a pps this low with some news .044x.045 and no sellers so far. should be up from here. RSI is at 34 and run should start within the next two weeks. i believe theres is an acquisition to be completed in mid july.
IP: Logged |
Two weeks later, in one trading day, it went from .09 range to .125, where I sold. In a month, more or less, it fell to the .05 range. After MUCH positive news this has fallen even further.
The chart is primed for a breakout. This company has repeatedly outperformed expected revenues. I see no reason this has gone as low as it has. Perhaps, the shares used in recent acquisitions are being poured into the market by the recipients. If that is the case, then this "dip" should be temporary?
IP: Logged |
posted
the last two times the RSI went below 30, MBAH bounched from .07 to .125 and again from .043 to .07, RSI at the beginning of today was 29.7, this will likley run this week. this time of year is peak of the riding season, revenues for this quarter should be up significantly, with the acquisitions they completed the past few months. i believe there is another acquisition to be completed this month also.
IP: Logged |
posted
Bought back some @0.036 and @0.038 today. I think its time to bounce up to $0.050-$0.060 where it belongs for short time. Than we will see. I hope $0.033 is the bottom for a while.
IP: Logged |
quote:Originally posted by Leardron: What's the O/S on this one?
187 million O/S and 350 million A/S. based just on thier earnings and share count this is a 5 cent stock atleast. could easily double from a pps this low. this ran from .03 to .40 just on speculation last year.
IP: Logged |
posted
Monthly Commentary on happenings at MBA Holdings from the National Motorcycle Dealers Association website-
July 12, 2005
The building of MBA Holdings, Inc. has been extremely positive in the first half of 2005. The company set out goals in the beginning of the year, and has achieved many of them. We have made big progress on all fronts. So far this year the company has: grown via the acquisition of Blue Sky Motorcycle Rentals, Street Eagle, Rent2Ride and WorldWide Motorcycle Rentals; entered into agreements to purchase three Company-owned motorcycle rental stores in Denver, Phoenix and Las Vegas; furthered the membership of the National Motorcycle Dealers Association (NMDA) and added new member benefits; built from the ground up a complete, web-based motorcycle rental software system.
As noted in the previous press release dated June 27, 2005, the company is beginning the marketing and rental of Custom Motorcycles in Las Vegas.
MBA Holdings has made inroads with our continuing online warranty sales and credit union sales; we are completely revamping our internal settings on our websites, which should bring additional visitors and sales to our MBA Direct warranty sites. The company continues to garner interest from many market sectors including Motorcycle, Auto, Recreational Vehicle and Marine markets. Expansion is the natural outcome of the growth in products experienced this year.
We will soon announce our entry into an agreement that opens a completely new avenue for potential revenue streams.
We have added new personnel to NMDA in the last few months. Our new motorcycle sales manager, Ian Colwell, enhances the company's management stature and in the long run, its profitability. Ian has many years of experience in the management of motorcycle dealerships (including Harley-Davidson) and rental stores, warranty administration, service manager and related duties. He is in charge of the day-to-day sales of the motorcycle products of the NMDA and our rental companies. We have also added additional staff to assist our CFO Dennis O'Connor accounting department in beefing up our systems.
Mike Lucas, our partner in the iDigital Company acquisition, has been signing many motorcycle accounts on a daily basis and we expect great results from that company in 2005.
We have added licensed rental operators in Philadelphia and Chicago. We have several more stores preparing to open in Florida, with many more to open across the United States before the end of the year. I am confident that we can introduce our products and services to the most sophisticated and fastest growing part of the motorcycle and auto market, and it will impact the company's bottom line in very significant ways for years to come.
Equitilink LLC Issues M.B.A. Holdings, Inc. Stock Report
SCOTTSDALE, AZ, Jul 12, 2005 (MARKET WIRE via COMTEX) -- MBA Holdings, Inc. (OTC BB: MBAH) announced today that a stock report prepared recently by its investor relations firm is available for download. This two-page report includes a current company profile and fact sheet, and is available via the following hyperlink: http://www.equitilinkpr.com/pdf/MBAH_Report_062805F.pdf. Current shareholders and interested investors are encouraged to download a copy of this report. Alternately, investors may call Equitilink LLC via the company's toll-free investor update hotline, 877-788-1940, to request a copy of the report be mailed or faxed.
About MBA Holdings, Inc.
M.B.A. Holdings, Inc., through its wholly owned subsidiary, Mechanical Breakdown Administrators, Inc., markets and administers vehicular mechanical breakdown insurance policies on automobiles, light trucks, recreational vehicles, motorcycles, boats and certain automotive components and sells contracts for repair services to vehicles and certain vehicle components at www.mbadirect.com.
Through National Motorcycle Dealers Association, LLC ("NMDA"), the Company provides products and programs for Motorcycle Dealership via memberships in NMDA, it has products like extended warranties for new and used motorcycles, tire and wheel warranties, Gap Coverage, Credit Life, ATV's and trailers. NMDA also provides and/or plans to provide Gap Coverage, Motorcycle Leasing and Financing, Credit Life/Accident insurance, Health insurance and Family Hospitalization insurance for Dealership owners, employees and their families.
M.B.A. Holdings, Inc.'s third division is comprised of numerous motorcycle dealerships and rental businesses. This division includes Blue Sky Motorcycle Rentals, Street Eagle Motorcycle Rentals, Rent2Ride Nationwide and WorldWide Motorcycle Rentals. The Company's plan is to expand its rental business into recreational vehicle (RV), auto and other power-sport sectors. M.B.A. Holdings also owns a 50% interest in I-Digital, a Web-based, digital souvenir company that compliments the Company's rental operations.
IP: Logged |
SCOTTSDALE, AZ, Jul 12, 2005 (MARKET WIRE via COMTEX) -- MBA Holdings, Inc. (OTC BB: MBAH) today launched several updates to the company's websites including its "CEO Corner," a forum through which CEO Gaylen Brotherson, can provide an historical record of the company's progress and unique insight into the company's mission and progress. The inaugural update is available via its corporate website www.mbadirect.com, and subsidiary website, www.nationalmda.com. Headquartered in Scottsdale, Arizona, M.B.A. Holdings specializes in service-based businesses targeting boat and motorcycle sales and rental industries. M.B.A.'s core operating division, Mechanical Breakdown Administrators, Inc., is an insurance and warranty business that markets Mechanical Breakdown Insurance (MBIs) and Vehicle Service Contracts (VSCs). The management of MBA, Inc. have been actively involved in the insurance business since 1960 and the warranty business since 1974.
The National Motorcycle Dealers Association (NMDA) was formed to assist Motorcycle Dealers Members in being professional, successful, and profitable through special services, products, and programs such as:
-- Motorcycle Warranties
-- Gap Insurance
-- GPS for Motorcycles
-- Theft Protection
-- Motorcycle Leasing
-- Motorcycle Rental Insurance
The NMDA also takes an active role in education and legislation to help members (regardless of size or volume) achieve their goals.
IP: Logged |
posted
MBA Holdings Signs Contract With Nation Safe Drivers 7/13/2005 9:00:34 AM SCOTTSDALE, AZ, Jul 13, 2005 (MARKET WIRE via COMTEX) -- MBA Holdings, Inc. ( MBAH ) is pleased to announce that the National Motorcycle Dealers Association (NMDA) has entered into a marketing agreement with the Nation Safe Drivers Company (NSD) of Deerfield Beach, Florida ( www.nationsafedrivers.com) to market its products thru our marketing channels of motorcycle, Auto, R.V., Marine dealers, and Credit Unions. They include an Etch/Thief Program for Motorcycles, Auto and R.V. Dealers, Motorcycle, Auto, R.V. and Marine Gap coverage, Tire/Wheel Road Hazard Coverage for Auto, Motorcycles and R.V., Roadside Assistance program, Dent & Ding Protection, Paint and Fabric Protection, Windshield Repair/Replacement, and Motorcycle GPS. This deal opens a completely new avenue for potential revenue streams.
Gaylen Brotherson, CEO of MBA Holdings, stated that, "We are totally pleased with the Nation Safe Drivers program; they give us additional programs that we did not have and programs that better meet the needs of our dealers and agents, and it is good for our shareholders, because they are good, sound and profitable programs for our company's bottom line to help build the company."
Nation Safe Drivers Company is a forty-year-old (40+) company with a proven track record for excellence. Many of the programs will be NMDA private label programs to keep customer loyalty where it belongs. NSD proudly serves millions of customers world-wide and is one of the largest suppliers of auto-related supplemental insurance products, and has a motor club that is rated number one by the most prestigious industry rating service.
NSD dedication to excellence is one of the reasons they are working with thousands of insurance companies, agencies, automobile dealerships, finance institutions, associations, cellular phone companies and many other businesses throughout the country. NSD "Niche" products will provide enhanced benefits to our customers, without extensive overhead costs or added staff.
Nation Safe Drivers was unavailable for comment.
The matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission including the company's Annual Report, Quarterly Reports, and other periodic filings. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.
posted
MBAH Announces New Nationwide Rental Operations Monday July 18, 9:26 am ET
SCOTTSDALE, AZ--(MARKET WIRE)--Jul 18, 2005 -- MBA Holdings, Inc. (OTC BB:MBAH.OB - News) and its subsidiary companies; The National Motorcycle Dealers Association, Blue Sky Motorcycle Rentals, Street Eagle, Rent2Ride and WorldWide Motorcycle Rentals announce new store openings in Chicago, Illinois, Philadelphia, Pennsylvania and St. Petersburg, Florida. Numerous operations in other States including Texas and North Carolina are committed to open in the next few months. Several more operations are in the process of remodeling and expanding their stores to accommodate their new rental businesses and are expected to be open upon build-out completion. MBAH will announce these when complete. ADVERTISEMENT
Blue Sky Motorcycle Rentals, Inc. Founder Wayne (Lumpy) Ordakowski reports an increase in the number of powersport rental units in company owned stores to over 80. Presently there are 49 pieces of rental equipment in Denver, Colorado, 21 in Las Vegas, Nevada, and will be increased to 31 in August, and 11 in Phoenix, Arizona, that will be increased in September and October. For this Autumn/Winter season, Blue Sky will transfer the Denver rental fleet and key personnel to the company owned stores in Las Vegas and Phoenix.
Over the past months, MBAH has performed several cost cutting measures. The MBA Companies have consolidating their office space requirements and will now move into Suite #106 from Suite #105. MBAH and its subsidiary companies will move all operations into 2,550 sq. ft. on the 1st floor and occupy the entire 2nd floor (approximately 5,100 sq. ft). The 2nd floor includes all executive offices and MBA's complete phone and computer operations. Cactus Family Investments has listed the now available 10,200 sq. ft. free space formerly occupied by MBAH for lease. MBA has occupied Suite #106 since 1984. This move will decrease the company expenses by approximately $250,000 per year. The move is expected to be completed by August 1, 2005.
MBAH CEO Gaylen Brotherson commented, "I would like to thank the Company's loyal Shareholders and I wish to encourage and assure them that we are continuing to work towards profitability and in their best interest. We appreciate the encouraging e-mails and phone calls of support. In keeping with the Auto Manufacturers Special Discounts and Employee Level Pricing going on right now, I'd like to announce a special pricing program for all Shareholders, family and friends of MBAH. We will offer special pricing on an extended warranty for your auto, motorcycle or recreational vehicle. Simply call (800) 669-0606, extension # 6 and tell them Gaylen sent you!
MBAH Chairman Gaylen Brotherson continued, "I am working on a proposal to present to the MBAH Board of Directors on a share repurchase plan of the Company's common stock. In the proposal, the Company, from time to time and as funds become available, will purchase through the open market and in privately negotiated transactions, portions of common stock of MBAH as the proposal allows. We believe that based on current market prices, our stock is undervalued and that it is in the best interest of our Shareholders for us to acquire shares in the open market."
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the insurance or associated automotive industries and general economy, competitive factors, and other risks detailed from time to time in the company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The company does not undertake any obligation to update forward-looking statements.
posted
todays PR is just the beginning, look at Blue Sky Motorcycle Rentals website, 3 new locations today and 31 more locatings coming soon also-
Motorcycle Rentals Coming Soon To: Chicago Illinois, Ft. Lauderdale Florida, Dallas Texas, Fresno California, Sacramento California, San Jose California, San Francisco California, Long Beach California, Eureka California, Charlotte North Carolina, Raleigh North Carolina, Winston-Salem North Carolina, Jacksonville North Carolina, Wilmington North Carolina, Charleston South Carolina, Myrtle Beach South Carolina, Knoxville Tennessee, Nashville Tennessee, Memphis Tennessee, Birmingham Alabama, Mobile Alabama, Montgomery Alabama, Atlanta Georgia, Savannah Georgia, Kansas City Missouri, San Antonio Texas, Houston Texas, Austin Texas, Lake Charles Louisiana, Atlantic City New Jersey, Tampa Florida. For more information on these cities, call Nationwide Toll Free 1 800-717-7970
IP: Logged |
posted
the 31 new locations coming soon listed on thier website was found by a board member from RB this weekend. todays news is huge but, theres alot more to come.
IP: Logged |
posted
Looks like we saw the bottom. I expected pump&dump at @$0.038-$0.039. But it doesnt look lately we are going down. So i expect pump up at the close and another green day tommorow.
IP: Logged |
posted
MBAH Announces Stock Escrow Monday July 25, 10:33 am ET
SCOTTSDALE, AZ--(MARKET WIRE)--Jul 25, 2005 -- MBA Holdings, Inc. (OTC BB:MBAH.OB - News) and its subsidiary companies; The National Motorcycle Dealers Association, Blue Sky Motorcycle Rentals, Street Eagle, Rent2Ride, Escape Eagles and WorldWide Rentals, together with their board of directors, are working on an agreement to place into escrow with the Company approximately 50,000,000 shares owned by Gaylen Brotherson and Wayne "Lumpy" Ordakowski. These shares would be released from escrow at future pricing points of the stock, over time or in the event of a sale or merger." ADVERTISEMENT
Under SEC Rule 144, Company officers and directors are restricted from selling over 1% of their stock per quarter and are subject to the filing of Form 4 in the event of a sale of common stock of the Company.
In other events, Gaylen Brotherson, CEO, announced that the Company has signed an associate program agreement with Travelscape, Inc. dba Expedia Travel, a wholly owned subsidiary of Expedia, Inc.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the insurance or associated automotive industries and general economy, competitive factors, and other risks detailed from time to time in the company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The company does not undertake any obligation to update forward-looking statements.
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
