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MBAH.PK

Started by gmarc66, September 23, 2005, 08:26:06 AM

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gmarc66

Read on another board the following:

MBAH triple bottom, reversal confirmed, 10-Q filed today. with news this could really take off next week.

Keep on watch  as this could be good.

ALSO...i found some insider trading a short while ago..not sure if it means anything...but here is the link:

http://www.secform4.com/insider/showhistory.php?symbol=mbah


Sorry, I am still chart-challenged....could someone be so kind as to please post the updated chart for me, thanks! ;D


good luck today on ur trades!

julia

eliteG

Hey julia  ;D I got 3 charts for you.  What they show to me is possible support here but no signal until the strong downward channel is broken.

Note: I used Logarithmic charts instead of linear because they showed me a clear technical pattern.


gmarc66

Great! Thanks so much for the awesome charts and updats..and info on them....always trying to learn...thanks for these little tips.

Also, i had no clue there were logarithmic charts ???...very detailed view... and  :Dpretty

I will keep this on watch and wait for the downward channel to be broken.


Applause for your assistance! ;D

julia

eliteG

Julia, you might have something here.  I had to buy in(0.032) to find out.  Nice try here to move out of the channel.  (applaud)  ;D

eliteG

well MBAH.ob is getting some momo here.  I'm thinking its setup for next week and we still got 2 hours left today  :)

here is a linear chart 3 months long


gmarc66

ahhh..geez...i didnt' see ur post until just now..and i just rushed to buy it..and got it at .038...now im thinking i bought it to high..is it going to break and run past .04...or is that the resistance.?


did i do bad? :-\

thanks,

julia

eliteG

well if I am correct I'm thinking .05 is in reach and then we got higher to go but lets concentrate on .04 and .05 first  ;) and I think there should be support now @ .30~.33  ;)

ya did gud  ;) cause if this runs a few tenths of a cent wont matter.. i wish we had some fundamental data though.. i'll do a quick search

7.09million market cap

poorman1

Hoping for a close at around $.04 with volume of 10MM shares or more.  If so, maybe it will be a gapper on Monday.  ::)

poorman1

shaker340

Well, I went ahead and jumped in @ .033.  Hopefully this will take off next week.
It looks like a great pick!  Props to Julia and EliteG. ;D

gmarc66

Ok...silly me...I had never even checked for news on Friday Sept 23 when I started the thread...and yes...there was news....here it is.....Hey Eliteg....there are Harleys involved....I bet you like those ;)

And here is link for some previous news headlines as well:
http://www.stockhouse.com/comp_info.asp?view=news&Displaycurrency=&symbol=MBAH&table=LIST

MBA Holdings, Inc. Announces a Long-Term Motorcycle "Fleet Lease" Program
9/23/05       
 

SCOTTSDALE, AZ, Sep 23, 2005 (MARKET WIRE via COMTEX) --
MBA Holdings, Inc. (OTC BB: MBAH) and it subsidiary company, Blue Sky Motorcycle Rentals, Inc. announces a long-term "Fleet Lease" program with a large West Coast motorcycle related company. The agreement calls for the unnamed California Company to provide Blue Sky and its affiliate rental operators with up to sixty (60) late-model Harley-Davidson motorcycles for use in their rental outlets.

Terms include a monthly fee with a combined mileage limitation paid by Blue Sky to the Lessor. Lengths of the recurring individual motorcycle leases vary with some extending through April of 2006 so as to include the availability of these bikes for Arizona Bike Week, 2006.

The new agreement was completed by Blue Sky Founder, Wayne (Lumpy) Ordakowski and commences with the first ten (10) units to be pick-up on Monday, September 26th. Wayne (Lumpy) Ordakowski commented, "We were searching for creative ways to increase the number of company controlled rental bikes and this was the perfect option that became available to us. I developed the contacts for this deal over a year ago, but couldn't pull the trigger on it then, as I was a small private company. Now, with the horsepower granted by our public shareholders, I can make these types of deals that are beneficial for all sides. This partnership is an example of the power of a publicly traded company vs. a privately held one, and was one of the main reasons in my decision to join forces with MBAH and its CEO, Gaylen Brotherson months ago. The union is starting to bear fruit and I am excited more, now than ever, about our future." He continued, "The deals in the pipeline we mentioned in earlier press releases are now starting to gain critical mass. They'll be more of these blockbuster type of arrangements in the near future."

"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.

For additional information contact: Gaylen Brotherson (480) 860-2288 ext. #317 Wayne (Lumpy) Ordakowski (866) 971-5501 MBA Holdings http://www.mbadirect.com Blue Sky Motorcycle Rentals, Inc. http://www.blueskymotorcyclerentals.com

SOURCE: M.B.A. Holdings, Inc.

http://www.mbadirect.com http://www.blueskymotorcyclerentals.com



setravis

Julia this looks like to be a winning pick.
I will have to buy this @ the open on Monday.
The Stock Wizard himself,"EliteG" has joined you!!!  :o
That is a buy signal for me!!!  ;D
Nice work Julia.......((((((((((((APPLAUD)))))))))))))))
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

gmarc66

Really!!!! I got a confirmation from you to Setravis!!! ;D ;D ;D

I thought Elite still needed confirmation?....but, I now your thumbs up is making very happy about this...I purchased it higher than the close price....of course :D...so, now I don't feel so bad!..if its destined to go up nicely...then it's all good :D

I wasn't sure if elite was just looking at it from a technical perspecitive as I ended up discovering that news was released friday a.m...but, did not realize it until today when I happened to check for it.
So, wasn't actually sure if the news would throw a wrench into his technical observations..know what I mean?

Thas great to hear Setravis!!! ;D...make sure you get the best price!!

Good luck to us all!! ;D

Excellent!

glad you're joining the party!


julia

eliteG

Quote from: setravis on September 24, 2005, 08:49:19 PM
Julia this looks like to be a winning pick.
I will have to buy this @ the open on Monday.
The Stock Wizard himself,"EliteG" has joined you!!!  :o
That is a buy signal for me!!!  ;D
Nice work Julia.......((((((((((((APPLAUD)))))))))))))))

We got Hawkeye in!  Now thats what I'm talking about.  >:D

Quote from: gmarc66 on September 24, 2005, 08:59:28 PM
Really!!!! I got a confirmation from you to Setravis!!! ;D ;D ;D

I thought Elite still needed confirmation?....but, I now your thumbs up is making very happy about this...I purchased it higher than the close price....of course :D...so, now I don't feel so bad!..if its destined to go up nicely...then it's all good :D

I wasn't sure if elite was just looking at it from a technical perspecitive as I ended up discovering that news was released friday a.m...but, did not realize it until today when I happened to check for it.
So, wasn't actually sure if the news would throw a wrench into his technical observations..know what I mean?

Thas great to hear Setravis!!! ;D...make sure you get the best price!!

Good luck to us all!! ;D

Excellent!

glad you're joining the party!


julia

I bought in based solely on the chart on Friday but as is the norm a nice chart signal also has a great story behind it.  I will update this thread either tomorrow or Monday with what I read.  MBAH could turn into a great pick Julia.  8)

eliteG

one more chart..  ;)


eliteG

..and this news release from August 4th looks good.  What do you guys think?
http://biz.yahoo.com/iw/050804/092415.html

(I bolded the parts I thought were particularly bullish)

QuotePress Release   Source: M.B.A. Holdings, Inc.

MBAH Announces Stock Restructure
Thursday August 4, 9:22 am ET

SCOTTSDALE, AZ--(MARKET WIRE)--Aug 4, 2005 -- MBA Holdings, Inc. (OTC BB:MBAH.OB - News) announces the restructure of earned common stock.

Gaylen Brotherson, CEO of Cactus Family Investments, and Wayne (Lumpy) Ordakowski, Founder of Blue Sky Motorcycle Rentals, Inc., have placed their cumulative 48.5 million common shares of MBAH stock into an escrow account. Under the terms and conditions of the agreement, Mr. Brotherson and Mr. Ordakowski can only receive their previously earned shares at qualified triggering events.

Share release events are based on sustaining a 15-day average of the daily closing price of MBAH stock. Increments for release of the earned shares are 10% at .10, 10% at .20, 20% at .30, 20% at .40, 20% at .50 and 20% at .60.

Brotherson and Ordakowski have retained their rights to immediately receive their shares, without restriction, in the event of a verified/certified takeover, buyout or merger bid of the majority of the outstanding shares of MBAH stock.

Wayne (Lumpy) Ordakowski commented on the restructure, "We have listened to our Shareholders and believe not only is this the right thing to do, but hopefully we'll increase investor confidence by setting aside our shares. I'm here for the long run and I'll do whatever it takes to help build this company."

Gaylen Brotherson, CEO of MBAH, stated, "We are all here for the long run, and I believe MBAH stock is severely undervalued at our present share price. With actions like these, I'm anticipating the market will react favorably. One of our missions is to increase sales and the other is to build Shareholder value that will in turn build company value. We effectively removed 48.5 million of the outstanding shares of the company today by locking them up in this restructure. It is another incentive for us to build this company into the powerhouse I believe it can be."

Brotherson continued, "We completed the Blue Sky Las Vegas and Phoenix store acquisitions and also shored up a few deals we've been working on for months. We'll announce those in the near future."

"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.


Contact:

     For additional information contact:
     
     MBA Holdings
     http://www.mbadirect.com
     
     Investor Relations:
     Equitilink
     Ron Garner
     (877) 788-1940
     

Source: M.B.A. Holdings, Inc.