Straightalker is 100% correct, and even David Bramhill said the same re: Raithlin not being as regulated in its comms in his interview following that infamous notice to the local population from Raithlin.
Raithlin is the operator and is in charge of the show and is a private limited company.
It takes a long time to execute a big trade. And after-hours trades are executed are very bad and unpredictable prices.
Do you honestly think that an II that needs to buy back a large amount of shares (that's how a short is closed) would wait till the last minute and risk exposing itself to a very bad price (after hours executions), or even miss the opportunity to have that trade executed altogether?...
There are no conclusive signs, it's just wishful thinking or (poor) attempts at influencing others. The only conclusive indicator is this website, or any other site that also reports the official data: www.shorttracker.co.uk
But even the data reported there has huge limitations: - the opening/closing of shorts is not always notified quickly. - any short below 0.5% does not have to be reported, i.e. you could have many shorters (or none) at 0.49%
COdey - please let me rephrase that. Charts are NOT useless because of news. Saying that demonstrates a lack of understanding of good charting. Charts just do not always have clear patterns to identify. It happens when it's quiet or when there are plenty of news. Charts are solely based on the actual trades that happen. But one can interpret them in different ways.