"In certain instances, a target business may wish to become a subsidiary of our company or may wish to contribute assets to us rather than merge. We anticipate that any new acquisition or business opportunities by our company will require additional financing".
Date VolShorted Chg ...............ShortVol RegularVol
Nov 05 13.24% ....................1,995,000 15,062,614 Nov 02 3.05% .......................340,766 11,177,183 Nov 01 1.39% .........................40,000 2,878,886 Oct 31 11.91% ....................4,810,909 40,396,009
Combining a basic "5 wave impulse sequence" with a basic "3 wave corrective sequence" yields a complete Elliott Wave sequence, which is "a total of 8 waves."
According to Elliott, this complete sequence is divided into "two distinct phases": the "impulse phase" and the "corrective phase". The "abc corrective phase" represents a correction of the larger impulse phase.