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Re: 8thwaste post# 17487

Sunday, 03/23/2014 2:57:04 AM

Sunday, March 23, 2014 2:57:04 AM

Post# of 163729
I credit CLAYTRADER for leading me to FROZ!

I still haven't joined the Claytrader inner circle. I have only been trading three and a half months and I wanna see what I could do on my own. I made mistakes. Sold early. Got out completely. (OMG! was in ERB* at .009. took half at .018 and closed out at .0215. would be up 45k now bc stock hit .07 Friday) But listening to his YouTube channel coupled with my own interest in seeing what makes things tick, I have developed a solid base on my own before I join the inner circle.

I looked at the video chart by Claytrader on FROZ Thursday night. I had taken some days off from watching his videos but I was looking for fresh ideas to trade and I always liked the presentation and information Clay (?) passes along. Purely a teaching session.

I watched the video with my own 3 month daily chart open. My Scottrade Elite open with the quote (current price, high, low, volume, percent change, ask, bid) and with Ihub and Yahoo Finance boards for FROZ. (Yes folks, this is my game plan - I take notes too..haha<I do.. SERIOUSLY>)



What I got from the Claytrader YouTube video was this. This stock was still in the bulls hands with an upward trend EOD on Thursday. It had a nice buying range and anything a little over the 200 day MA (which was .0084 range was a buy, to me) The 200 day MA was always tested and always held up at the end of the day for the past month except probably once but that was weeks ago. After watching the video, I had a solid base in order to plan my next day strategy for FROZ.

By doing my follow up on the boards and reading the releases, I found out that there was a pending merger. I also saw that 3/5 news releases came out on Fridays after the closing bell. I was a little leery of "pending news" because you never know if things like that will pan out but I took a leap of faith anyway. I felt confident about the charting and that gave me confidence in my decision.

I bought 5.588mil shares @ average .009. It was a little high because the price did test the 200 day MA of .0084 and got as low as .007's but every time it quickly rebounded. Claytrader's charting held up and was solid: as usual. News broke late Friday and FROZ closed at .01. If this moves like previous moves in this stock did after news.. 3 to 4 times opening price, Claytrader can lay claim that he "helped" me get gains of 110k to 200k from his charting in 3 days.

I believe if I did not seen the video, I would not have known about or traded FROZ. I did some of my own work to get to my decision but if I had to put a ratio to it.. I would give Claytrader 75% of the credit for me getting to the bid button. Specifically, He gave me the spark I needed at the right time to get going and more importantly because I have seen for myself his charting hold up before on other stocks previous to watching this video on FROZ, I was very confident in making the trade. I was so confident I put up 50k.

This isn't a promo for Claytrader. If this pans out, it will be my second six figure day of the year. Although, this would have been by far easier than before. You can look him up on your own and join his group if you want to. This, for me, is giving credit where credit is due and if past performance repeats itself on FROZ, it is the least I could do. Thx Claytrader.

I know I said it before Clay(?)Trader (I don't even know his name.. I hope it is Clay..duh) but you will see me in the inner circle very soon.

Thx 8thwaste for making the request to thank those who helped you get here. Without your message, I probably wouldn't have made this public reply.

I guess no need to update.. Everyone will know Monday - Tuesday what FROZ does. Sorry so long but as always this is for information and a learning experience.