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500m+ vol day ? Something hits the wires and its 1b+
Up early here added Pre M , watch for 5%new holder filing soon., this buyer is going over 25m imo and we will soon find out who it is to connect the dots. Already recorded about 20m in buys , and that's just from what I saw so far .Odds are already bought 25m+ , then new 5% + holder boom
https://www.nasdaq.com/market-activity/stocks/ebet/sec-filings
$EBET Big buyers loading witnessed got the 8/29 screenshot, and at closing on Fri 9/15 even bigger loading , 2 x the first - $350k then $700k! @ .055 and .0545........................
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172834089
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172834400
Follow the $$$ , odds are this buyer knows something and on watch for more . Gonna be hard to buy that kind of size soon without exploding way up , good to have big Whales taking out huge chunks , getting them all under .10 and then its gone, could be lightning fast , we will see.
Lots of positive signs now have surfaced in just the past few weeks now , signs point to Merger deals , something of this sort. They cleared out all the preferred to make way for it it seems still early now but cheapies won't last much longer at this rate.
They announced no more preferred on 8/28 and on 8/29 the block buyer suddenly shows up ...
Wrapup here did a lot of DD and watching closely and calculating.
Key take is don't flip out of it for peanuts , seeing the big $$ is here for a reason, lock and load..
oh and 20mil shares are short so then there is added squeeze potential
(If TOP could run from $5 to $250! EBET could pull a .05 to $2.50!) for a squeeze massive upside guess scenario:) But who got the cajones to hold besides the whales lol
$EBET Big buyers loading witnessed got the 8/29 screenshot, and at closing on Fri 9/15 even bigger loading , 2 x the first - $350k then $700k! @ .055 and .0545........................
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172834089
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172834400
Follow the $$$ , odds are this buyer knows something and on watch for more . Gonna be hard to buy that kind of size soon without exploding way up , good to have big Whales taking out huge chunks , getting them all under .10 and then its gone, could be lightning fast , we will see.
Lots of positive signs now have surfaced in just the past few weeks now , signs point to Merger deals , something of this sort. They cleared out all the preferred to make way for it it seems still early now but cheapies won't last much longer at this rate.
They announced no more preferred on 8/28 and on 8/29 the block buyer suddenly shows up ...
Wrapup here did a lot of DD and watching closely and calculating.
Key take is don't flip out of it for peanuts , seeing the big $$ is here for a reason, lock and load..
oh and 20mil shares are short so then there is added squeeze potential
(If TOP could run from $5 to $250! EBET could pull a .05 to $2.50!) for a squeeze massive upside guess scenario:) But who got the cajones to hold besides the whales lol
$EBET Target upped to .77 from .25 here , wearing my new Gold Whale profile pic in honor of all the Whale buying activity I have seen since 8/29.(which is also the day after the filing hit that said no more preferred shares left to sell! ha) Too bullish I hate it. I would be lucky to hold on past .25......maybe sell half at first double and let the rest ride? Just thinking in the clouds lol. This is just the start imo, gla
12,911,402 buyer @.0545 right after the bell ,16:00:02 time per Nasdaq Value of $703,671
https://www.nasdaq.com/market-activity/stocks/ebet/latest-real-time-trades
And shows here at barcharts latest trades already added up here
https://www.barchart.com/stocks/quotes/EBET/price-history/latest-trades
Could it be the same buyer that bought the 6.3 mil at .055 on 8/29 valued at $350,000?
I find it quite interesting because the value of Fridays end of day blocks is $700,000 . Pretty much exactly double and nearly the same price .055/.0545
And lastly for now while I am brainstorming ... Those 2 amounts add up to a total of 19,284,075 shares = .0385 % ownership of the Authorized 500mil or last reported OS of 448m would be .043%
Now this is just what I saw , the real deal would be if this buyer accumulates over 5% and we would surely find out who it is because it would generate a filing for anyone holding over 5% (perhaps with todays buys they may now be over the 5% , so guessing we may see a filing drop within these next 10 days for a guess on this) if they got 25mil now then filing will show this mystery buyer to us........................
.
KEY TAKEAWAYS
When a person or group acquires 5% or more of a company's voting shares, they must report it to the Securities and Exchange Commission.
Among the questions Schedule 13D asks is the purpose of the transaction, such as a takeover or merger.
If the beneficial owner's holdings change by 1% or more, they must amend their Schedule 13D.
https://www.investopedia.com/terms/s/schedule13d.asp#:~:text=Schedule%2013D%20is%20a%20form,filer%20reaching%20a%205%25%20stake.
First guessing we get 8k about the updated outstanding , confirming to us it has maxed to the Auth, reminding us that preferred shares are all empty.
The last 8K of August 28, 2023," the Company has 448,051,045 shares of common stock outstanding and no shares of Preferred Stock" outstanding.
So now it has been a heavy 14 trading days since 8-K, we are either at MAX now or so close .
Unless they update us on" Either merger news , sale or strategic alternative coming "??? first.
EBET Authorized is 500m and on 8/28 we were confirmed at 448/500
Probably just about 5-10mil longs away from owning the float ,OS & Auth, trifecta!
Only 1 or 2 whales worth....
Shorts gonna get hit if so, last reported :
SETTLEMENT DATE SHORT INTEREST AVG. DAILY SHARE VOLUME DAYS TO COVER
08/31/2023 21,348,042 287,890,138 1
08/15/2023 10,888,208 145,432,409 1
07/31/2023 504,896 3,822,853 1
07/14/2023 402,152 2,320,660 1
So foolish to short so much with dilution ended , guess they missed that lol
Whales Epic battle against the shorts going on here!
trying to look up some time frames on other companies they connected to acquire and such , from the date they are hired until they release updates
EBET hired them on 7/26 so how long is a key metric.
Sort through the list and try to see some examples .
Seems like when the shorts get too high and failed to deliver or some sort = more exposure to the fact . Interesting site , seems to target meme potential this way... not sure exactly but adding all the data I see , process accordingly ....
EBET in the top 10 meme stocks list - added a few days ago first show https://counterpointfunds.com/meme-stocks/ :Live meme score at #9 today - appeared few days ago to deput at #9 - yest saw was @ #7 and today #9...more data
EBET - Hint: The firm they hired on 7/26 specializes in acquirings- https://hl.com/about-us/transactions/ click on americas to expand,
almost 2 mos in getting close ....
EBET - Hint: The firm they hired on 7/26 specializes in acquirings- https://hl.com/about-us/transactions/ click on americas to expand,
almost 2 mos in getting close ....
The firm ebet hired here shows they do work - lots of acquiring in their history here - click on americas and it really expands - https://hl.com/about-us/transactions/
What we are seeing is that Whale buyer at .055 working on supporting his mega block , just how I see it . Shares are getting tighter, been almost 2months since EBET hired the firm to :
https://www.nasdaq.com/press-release/ebet-initiates-review-of-strategic-alternatives-2023-07-26
"The Company has retained Houlihan Lokey as its exclusive financial advisor to assist with the strategic review process."
"considering a full range of strategic alternatives including a potential merger, sale or other strategic transactions."
And the timing of the buyer was 1 day after the filing that no more preferred shares left.
Lets go drop a PR:)
Some volume 20m traded in less than an hr -@ 2:15 i recorded 68m now 3:11 88m+ , over 100m by close would be nice...
.21 sell order placed and it starts moving, only 10k but I must have triggered a cover lol .20m shorts eat it
EBET Short Interest is out and it just doubled in the last 15 days. Gonna need some more whales , its now a battle zone and these shorts are tough and got some $$ ......
They got some balls to do that when dilution is over and not possible , Auth and OS must be a Max , last filing was 448m out of 500
. As of August 28, 2023, the Company has 448,051,045 shares of common stock outstanding and no shares of Preferred Stock outstanding.
We have traded for 10 days since that filing over 1bil shares churn - those last 50 mil gone or what? lol
https://www.nasdaq.com/market-activity/stocks/ebet/short-interest
SETTLEMENT DATE SHORT INTEREST AVG. DAILY SHARE VOLUME DAYS TO COVER
08/31/2023 21,348,042 287,890,138 1
08/15/2023 10,888,208 145,432,409 1
07/31/2023 504,896 3,822,853 1
07/14/2023 402,152 2,320,660 1
06/30/2023 515,909 6,643,468 1
And now EBET moved up to 7th place on the Meme Stock Factor Live Meme Score here
https://counterpointfunds.com/meme-stocks/
Just more data to collect and add to the mix, I bought too much had to sell some to pay a bill, feel bad but still got a nice chunk
The historical prices are interesting as it took 1.2 bil Vol to first break that .05 on 8/16 and rally to .112 , then next break of .05 on 8/29 took less 441m volume 8 trading days after that , now today nearly broke .05 at opening with even less 100mil vol for the day, and the 8th day from that 2nd move comes on this Tues 9/12.........
Seems like the whales buy and holds are having some effect as we are just about 1 month from that 1.2 bil vol ,and now the churning is no dilution but lots of day traders as usual. In the mists of this holders are adding , seems like it ,just a guess but that's what I see in the volume and movement.
Like to see a 50m-75m vol day and move over .05 to confirm these whales are absorbing the shares (and us little fishes), seems like next week to get moving based on this historical volume levels.
Basically like to see lower volume move up over that crucial .05 mark ,perhaps these shorts are doing their best, but will see.
https://ih.advfn.com/stock-market/NASDAQ/ebet-EBET/historical
Still no peep of any potential merger candidates or buyers ect...yet. Be interesting if it moves over that .05 like that with no news/updates .....
And of course if they do give us a nice update its just go time good luck chasing........
Watching this action too , haven't slept yet, also thinking about what someone said in reference to why they converted all there pref shares and have 0 left now . They said for any buyout merger or takeover this makes it clean . And we know they retained Houlihan Lokey to do this , or try to at least .
All speculation until we get it , but by then the price may be higher , decisions decisions...hmmm
EBET clean for a buyout as 0 preferred left = dilution has ended. 5x 10x+
NFL season started today , sport betting season is all the talk here on out, EBET what better season for a buyout merger or strategic alternative to be in..need some new data and buy and hold gets tight ... Traders will have to learn to trade in the teens on up:) This just lacks holding power as they can't dilute no more 0 preferred left , clean buyout now if someone is bidding for them:)
Rising on lower vol tells a lot , remember the OS is maxed , good luck covering 10mil short now lol
EBET : Shares are now in the Whales hands , maxing and relaxing... .25+ possible as lower volume rise = shares getting locked +10mil shorts in for a surprise , surpass last run to .112 because no preferred left to sell. Update comes and then it gets real wild on this " Board in considering a full range of strategic alternatives including a potential merger, sale or other strategic transactions."
EBET showed up in the top 10 meme stocks list here last night - https://counterpointfunds.com/meme-stocks/ , see some 1mil mini whale bids today(mini compared to the 6mil+) , maybe the trend is changing .... due to give us some updates on their
" Board in considering a full range of strategic alternatives including a potential merger, sale or other strategic transactions."
EBET showed up in the top 10 meme stocks list here last night - https://counterpointfunds.com/meme-stocks/ , see some 1mil mini whale bids today(mini compared to the 6mil+) , maybe the trend is changing .... due to give us some updates on their
" Board in considering a full range of strategic alternatives including a potential merger, sale or other strategic transactions."
If any one sees any more significant block trades in EBET , try to get a screenshot of L2(can't watch all day). Lets see if the Whale buyer can beat the last size or if any more Pods show up to join or beat that . 6,372,672 is the block to beat ........follow the money? , simple as that ?, they got .055 was their 1st choice it seems
Time to avg down with another nice block ? Lets see this guy spent almost exactly $350,0000 to get sum (6,372,672) at .055 , how about beat that block but for $350k at say .045 next = block of 7,777,777...for a nice .05 average..... bored so just thinking .
Did a $350k divided by .045 on the calculator and that was funny 7,777,777, if we see that ......
EBET my fav for multi %% upside , on watch for lower vol rise and look out above , whales spotted buying this week, have a good weekend all:>
Watching for a lower volume rise like this and EBET is locked and loaded and whales are then in full control .then it gets real wild...
Added .... whale watching , almost couldn't wire in money so went to another bank and gtg , EBET whales on this , off to the beach👍️
EBET is gonna fly now , why? cause I just got my $5k check i won in the lottery and cant wire it in till tomorrow. Lets keep it under .05 a little longer plz lol
Work n hard got you r Pm , just know what I posted pretty much , May sign up for pms tomorrow so ttyl . gla
They can't can't dilute any now since the preferred are exhausted , they reported 0 left on 8/28 filing " As of August 28, 2023, the Company has 448,051,045 shares of common stock outstanding and no shares of Preferred Stock outstanding." Auth 500m and volume is still coming so baring any change in this , possible vertical moves .gla
$EBET shares are locked now , OS at/near MAX , last report OS 448m 3 days ago Auth capped at 500m . Whales spotted this week .Next run no dilution to hold it back is major +
$EBET shares are locked now imo, OS at/near MAX , last report OS 448m 3 days ago Auth capped at 500m . Whales spotted this week .Next run no dilution to hold it back is major +
Here is an interesting thought on the big block buyer in EBET today of 6,372,672 shares at .055 =($350k) , if say they are loading up big time for whatever merger buyout , future prospects and they accumulated 3 more of that amount or are accumulating , that it will generate a filing of a new 5%+owner , they will be at 4 x 6,372,672 = 25,490,699 shares holding , which is just over 5% of the 500m Auth which is pretty much capped and cannot rise unless they raise it of course.
Then the cat would be out of the bag (if not already), showing the market that filing and wow. That's too wild but I figure I mine as well share a thought ,a guess,either way .
Come on 5% new filing lets see you , then everyone will know something is reaaaaally big, multi bucks coming for sure ++++
Maybe too over the top , too exciting to think about I guess
Seems like a sell 1/2 what ya got at a double and let the rest ride, if it goes that way , but discipline is tough
Eyes on the bids for sure ,gla