Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Looking at today ONLY, 5 minute candles - anyone think we could be starting wave 5? Am I making things up here?
Great story Dimi, you're a true grafter
https://www.youtube.com/watch?v=aj3-icKRU1g
43.88 here. Bought initially at 36p, then added a couple of times in the 50's
@pantarei, thank you. A lot more reading for me to do there re complex corrections. I am also in the shallow pocket department so can't be indulging in hourlies, but am researching to improve my long term investing to make better use of funds rather than just hold hold hold!
@AquaS, in the 1st graph, as I understand it, wave 3 CANNOT be the longest impulse wave, so it either needs to be shorter OR wave 5 needs to be much longer. (I don't mind if wave 5 is much, much longer LOL). I can't tell you if you're right or wrong from those 2 waves, you won't know for sure till wave 4 has completed and has followed the rules?
@ pantarei, yes I thought the waves mentioned at the time were spot on with my own observations, waves 1-5 between May 22nd till June 8th, also ABC.
That much seemed obvious to me, but where did you see wave C ending? Poss June 26th? Maybe even 3rd or 10th July, or was there a string of ABC's in your opinion?
That's where I'm struggling to keep up, leading to my questioning if the waves still worked if the SP is under manipulation, as group sentiment cannot be truly represented in the SP
Thanks Pantarei, I did read that post when it was new, just read over it again to refresh the memory.
I know you and Dimi have got a good handle on the wave theory and have done your homework quickly!
I do get the principal theory and some of the basic rules, and can sometimes spot the waves when they're obvious, but sometimes I can't help but feel that I can see the waves because I want to see them?
Just trying to be objective with my view and learning :) ...........
2/2 ..............
If you have a regular investment in place on your Columbus shares, please note that this will not be automatically updated as a result of this Scheme. You will need to log online or call us to amend the regular investment instruction in the Bahamas shares.
Should you retain your holding of Columbus shares we will update you in due course upon receipt of any further information from the Company.
Should you wish to find more information about the Scheme, please visit the Columbus website, https://columbus-erp.com/
Hope that's of some use to someone ;o)
GLA
Hi fellow share holders, just found this buried in my Halifax account. There's a few dates and bits that I don't believe have been spoken about yet, so for the uninformed like myself, I've copied and pasted the whole message below without edits or omissions:
COLUMBUS ENERGY RESOURCES PLC - Important Information
Merger with Bahamas Petroleum Company.
0.803 of a New Bahamas Petroleum Company (Bahamas) Ordinary share for each Columbus Energy Resources (Columbus) Ordinary share held.
On 11th June 2020, Columbus and Bahamas announced they had reached an agreement on the terms of a recommended Merger for Bahamas to acquire the entire issued, and to be issued share capital of Columbus. The Merger will be implemented by way of a Court sanctioned Scheme of Arrangement.
The Scheme Price represents a premium of approximately 11 percent to the Columbus Closing Price on 10th June 2020, this being the last Business Day prior to announcement of the Scheme.
The Directors of Columbus, having been so advised by VSA Capital, consider the financial terms of the Scheme to be fair and reasonable.
The Scheme is subject to shareholder approval at a General Meeting and Court approval at a Court Meeting both to be held 27th July 2020. The Scheme will then be subject to Court sanctioning at a Court Hearing to be held on 5th August 2020.
In addition, the Scheme is also subject to Bahamas shareholder approval at the Extraordinary General Meeting to be held on 24th July 2020.
Following such approval the Scheme is expected to become effective on the 7th August 2020.
Prior to the Scheme becoming effective, an application will be made to the London Stock Exchange (LSE) for the cancellation of listing of the Columbus shares on the Alternative Investment Market (AIM).
Subsequently, the last day of dealings in Columbus shares is expected to be 6th August 2020.
The New Bahamas shares are expected to be credited to your account on or after 10th August 2020. Please note we will only communicate to you again if the terms of the event change. You will not receive a communication when the New shares have been credited to your account.
Following completion of the Scheme, the enlarged Company will be known as Bahamas Petroleum Company PLC.
The New Bahamas shares will be admitted to trading on AIM on 10th August 2020 under the ticker code 'BPC'.
Unless you hold your shares in a ShareBuilder account, no fractions of shares will be issued. Any resulting cash entitlements will be dealt with in accordance with our Terms & Conditions.
If your Columbus shares form part of a TradePlan, please note this Scheme will result in the TradePlan being deleted. You will need to log online or call us to set up a new TradePlan in the Bahamas shares.
................ 1/2
Dimi, I think WG is operating on minutes/hours with his waves which may not be affected by MM action in the same way, I'm looking at days/weeks like you and Pantarei, but I'm struggling to see any definite patterns.
Thanks Dimi and Pantarei, I'm having trouble identifying where we might be re Elliott, I'm not 100% convinced about the theory but am studying with an open view on it.
So my original questions (I appreciate you're both quite new to the theory but...) "Are we ALWAYS on an Elliott wave...?"
"Are the waves thrown out when MM's are being heavy handed at the keel?"
If the prices are being railroaded, does that stall the wave?
Morning all, question for the wave devotees -
Are we ALWAYS on an Elliott wave, or is the skill in identifying one when it happens I wonder?
Are the waves thrown out when MM's are being heavy handed at the keel?
Best of luck tomorrow JT, you'll be missed.
This ones for you:
https://www.youtube.com/watch?v=FscIgtDJFXg
3300, very cool looking bike
We'll take over the world one day !
The Scrambler, are we talking BMW, Triumph or Duke?
- WG Great spot to open it up past Bottsesford etc, you can see for miles :) What year's the 750?
- 3300 350LC, brilliant ;o) Sad to see a loved one go.
I don't know much about the R3 personally, bit small for me. If I sat on one It'd look like I had a BMX sticking out of my bum LMAO
@WG there's no such thing as 'too much power' LMAO
@3300, yes it is fun. The acceleration is just something else!
was your Elsie a 250 or 350? I seem to recall you have an R3 now, is that right?
Yep @WG that sounds fun. GSX-R100 wasn't it? Mines set up for straight lining really, it's an effing handful on the road! Need to get mine on a dyno to set it up properly when they open again. Hoping for 190bhp without NO2 - 350hp on the laughing gas
Think it's Horse and Groom ........
Horse and Groom
If you ever went to the car night you may have seen me turn up in my jacked up black Dodge Ram, or on my nitrous Suzuki Bandit