The divergence of SLR and RED might suggest the big boys of SLR...

The divergence of SLR and RED might suggest the big boys of SLR will say NO to the merger: it will be a joke when price of SLR is 5+ times of RED.

A possible dominant trend of five-waves since July 2015 showing the wave 5 will be quite strong when:

• Wave 1 and 3 are normal motive waves, thus wave 5 almost must be extended (much longer and higher than the formers)
• The ending diagonal C leg of the Correction wave 4 ($2.25 - $0.8)
• The leading diagonal of some kind of wave 1 ($0.8 - $1.22)
• Sharper rise of wave 3 since $0.97
• How if 2008-2015 is just the WAVE I of a super cycle, then SLR is in the WAVE III?

When the shares are highly concentrated in the hands of those top x holders, I don't believe they would be happy to surrender the shares accumulated in decades to mercies of RED? I have my conclusion and will not track the favor or not of the merger any longer.

Cheers.