HB

[HB @SignalOverNoiz]

Think independently. Or be someone else’s signal. Alpha hides in the signal. Beta lives in the noise.

[HB @SignalOverNoiz]

$EVC - keep watching this space - just getting started

[HB @SignalOverNoiz]

Director Paul Zevnik has unloaded a significant stake in $EVC, selling 324,686 shares of the company’s stock in a transaction valued at $3,136,466. He still holds roughly 2.8M shares across various vehicles. That’s another substantial overhang on top of whatever Seros has left

[HB @SignalOverNoiz]

Rough $EVC action with Seros today continuing their algorithmic selling. At least that’s my guess. She must be running on empty soon if she is the daily sellers. Won’t know until August.

[HB @SignalOverNoiz]

@ShitcoArcher My bad. You’re right. She still has roughly 6.8M shares. At 300-500K shares per day she needs 14-23 more trading days to complete. That’s 3-5 more weeks of ceiling. After that if the thesis holds and August 4th delivers the stock trades freely for the first time since earnings.

[HB @SignalOverNoiz]

Systematic selling taking place again with $EVC. Seros family up to their old tricks again? Other institutional seller? Not the work of retail - that’s for sure.

[HB @SignalOverNoiz]

Watch for any filings shortly (if Seros) for Form 144. Almost certainly an algorithmic program selling a fixed amount into morning strength every day

[HB @SignalOverNoiz]

@mr_deepvalue Yeah - you have a point there

[HB @SignalOverNoiz]

@leevalueroach You are working off the May 11 13D/A and missed the May 20 filing that was already public when you posted. Your overhang figure is overstated by roughly 2x.

[HB @SignalOverNoiz]

@leevalueroach The Survivor’s Trust intends to sell up to an additional 1,815,631 shares. That was the May 11 filing. The latest filing revises this down substantially: The Survivor’s Trust currently intends to sell up to an additional 809,037 shares.

[HB @SignalOverNoiz]

@leevalueroach They already sold ~1M of that 1.82M in the May 15–19 window

[HB @SignalOverNoiz]

@FilingSniperx @kingdomcapadv The cooperation agreement termination is real, but the bear case is being dressed up with numbers that don’t match the filings. Read the source documents.

[HB @SignalOverNoiz]

@FilingSniperx @kingdomcapadv SEC filings show ~$29M in actual proceeds since May 7 — not $60M. The Seros/Ulloa trusts still hold ~7.6M shares (~$59M), so this is no “complete unwinding.” The May 18 13D/A discloses up to 809K additional shares to sell — finite and quantified.

[HB @SignalOverNoiz]

@Road2leave925 @Banancial The cooperation agreement termination is real, but the bear case is being dressed up with numbers that don’t match the filings. Read the source documents.

[HB @SignalOverNoiz]

@Road2leave925 @Banancial SEC filings show ~$29M in actual proceeds since May 7 not $60M. The Seros/Ulloa trusts still hold ~7.6M shares (~$59M), so this is no “complete unwinding.” The May 18 13D/A discloses up to 809K additional shares to sell finite and quantified.

[HB @SignalOverNoiz]

@leevalueroach People get arrested for much less these days

[HB @SignalOverNoiz]

They’re harvesting a generational windfall at what they view as a fair price after 26 years.
The plan is to sell an additional 3M shares per the filings. Once that’s done, EVC will find its footing.
Until then, buyer beware (I’m in the camp of: it’s a huge buying opportunity)

[HB @SignalOverNoiz]

There will be an overhang for the next 5-10 trading sessions with the Seros family diversifying their $EVC holdings.
The family still owns 10,068,185 shares after selling 2.68M. They’re not FULLY exiting.

[HB @SignalOverNoiz]

@YanivUliel Algos auto selling. Super opportunity. Market is not efficient.

[HB @SignalOverNoiz]

@leevalueroach The value is trapped inside a controlled, illiquid OTC company with limited catalyst visibility. Everyone but the controlling family is sitting in the passenger seat. Can’t shake value loose here unless the family wants to do something. Otherwise we’re just along for the ride