Stocks Leak Launches: A Real-Time SEC Dilution Radar Built by Guy Gentile for Active Traders and Small-Cap Investors

Every small-cap trader has lost money the same way at least once: a 424B5 hits EDGAR at 4:05 p.m., the wires pick it up an hour later, and by the time the chart explains what happened, the position is already underwater. Stocks Leak was built to close that gap.

Launching publicly at stocksleak.com, Stocks Leak is a real-time SEC dilution radar designed by Guy Gentile — the founder of DAS Trader, SpeedTrader, and SureTrader — to surface dilutive filings within seconds of submission to EDGAR, score them, tag the ticker, and push them to a custom watchlist.

Free tier, no card. Pro plan $29 a month. One product, one price, the same data feed an institutional desk would build in-house.

Dilution is the single most under-reported edge in small-cap trading. An ATM offering, a fresh S-3 shelf, an S-1 priced into the close, or a 424B5 takedown can re-rate a low-float name by 20% to 60% inside of a session — and the filing is public the moment it hits EDGAR.

The problem is timing. Press desks, free filing trackers, and most retail platforms surface dilutive filings minutes or hours after submission. By then, the institutional desks that scrape EDGAR directly are already short, already hedged, already out.

Stocks Leak streams the EDGAR feed continuously, parses each new filing, identifies the dilutive instruments, and pushes an alert before the wires move. The retail trader and the small-cap investor get the same first-look the prop desks have had for a decade.

Live filings feed. Every new SEC filing streams in with form type, ticker, and a one-line summary of the dilutive impact. S-1s, S-3s, 424B prospectus supplements, ATM offerings, shelf takedowns, 8-Ks announcing pricings — surfaced inside of seconds.

Dilution timeline. Every dilutive filing for a given ticker plotted against its share-count history. The trader sees the cumulative dilution arc — not a single filing in isolation, but the trajectory.

Watchlists with email alerts. Track the tickers you trade. When a watched name files something dilutive, an alert lands in the inbox within minutes of submission. No refresh, no scraping.

Insider and institutional layer. Recent Form 4 insider transactions and Form 13F institutional holdings sit next to the dilution data. The trader sees who is selling into the offering and who is taking the other side.

Downloadable PDF dilution reports. A full dilution audit for any ticker — every offering, every shelf, every ATM, every reverse split — exportable to PDF for due diligence files, broker memos, or research notes.

For day traders working low-float, high-volatility names, dilution is the difference between a clean breakout and a trap. A stock breaking out on volume into a fresh 424B5 is not a breakout — it is a distribution event. Stocks Leak labels it in real time.

For swing traders, the platform answers a question that used to take an hour of manual filing review: how much capacity does this company have left to dilute? A ticker sitting on a $250M effective shelf is a different trade than one that has tapped 90% of its registered capacity. The dilution timeline shows it at a glance.

For options traders, the same data informs vol pricing. A name with an active ATM facility carries different downside vol than one without. Stocks Leak flags the facility status the moment it changes.

For scalpers reading the tape, alerts deliver inside the trading window. The position can be closed, flipped, or hedged before the print mechanically reprices.

Long-side small-cap investors lose more money to dilution than to any other single factor. A thesis can be right on the business and wrong on the cap table at the same time. Stocks Leak surfaces the cap-table risk before it converts into a loss.

Share-count history with filing timestamps lets an investor see the historical pattern: does management dilute into every rally, or only when the balance sheet forces it? The answer is in the data, not in the earnings call.

PDF dilution reports give due-diligence teams a clean artifact for investment memos. The format is built to drop into a research file or share with a compliance desk.

Insider and 13F overlays answer the next question: are the insiders and institutions buying the dilution, or stepping aside? When a CEO sells into the same offering the company is pricing, the signal is unambiguous.

The platform is built around the decisions a trader or investor actually has to make in front of the screen. Here is how the data flows through five concrete workflows — the same ones Guy Gentile runs on his own desk.

Scenario: A low-float biotech is up 80% pre-market on a Phase II readout. The chat rooms are loud. The trade looks clean on the chart.

Open Stocks Leak, search the ticker. The dilution timeline shows an effective S-3 shelf with $180M of unused capacity and an active ATM facility with the same agent that priced the last three offerings. The 8-K filed at 7:42 a.m. references "opportunistic capital access."

Decision: do not chase the long. The setup is a textbook offering candidate — the company has the registration, the agent, and the language. Size the trade as a short-side fade into the first failed breakout, or stand aside. The platform did not predict the offering. It surfaced the conditions that make one statistically likely inside the session.

Scenario: A small-cap energy name on your watchlist is grinding higher into the afternoon. You are long from the open.

At 3:18 p.m., Stocks Leak pushes an email alert: ticker filed a 424B5, $42M priced ATM takedown, settling T+2. The alert lands roughly four minutes after submission. The wires have not picked it up yet. The chart has not moved.

Decision: close the long or hedge the position before the print mechanically reprices. Traders who see the alert have a 10-to-20-minute window before the offering shows up in the share count and the bid drains. The platform did not say to sell — it gave you the four minutes of warning that turn a -8% session into a flat one.

Scenario: You are sizing a two-week swing in a $4 small-cap industrial. The technical setup is strong. You want to know what could go wrong on the cap-table side.

Pull the Stocks Leak dilution timeline and the downloadable PDF report. The history shows three ATM takedowns in the last 18 months, each into a rally to a round number. The current shelf is 70% tapped. Insiders sold $1.2M into the last offering.

Decision: cap the position size and set the stop tighter than the chart alone would suggest. The setup is real, but the cap-table behavior says management will press the same lever if the stock approaches the next round number. The trade is still on — the size is what changes.

Scenario: You are building a six-month position in a small-cap medical-device company. The thesis is product approval and revenue inflection. You want to know if dilution will eat the upside before the thesis plays out.

Run the PDF dilution report. Cross-reference the share-count history with the cash burn implied by the last three 10-Qs. Layer in the Form 13F panel — two healthcare-focused funds added to the position into the most recent offering. The CEO has not sold.

Decision: size the position with confidence. The dilution is real, but it is being absorbed by quality institutional capital and the insiders are not stepping aside. The thesis survives the cap-table stress test. Without Stocks Leak, the same review takes a paid analyst two hours of manual EDGAR work.

Scenario: You are looking at a put spread on a small-cap fintech ahead of earnings. Implied vol looks rich. You want to know if the vol premium is justified by something other than the print.

Stocks Leak shows an active ATM facility, a freshly effective S-3, and a 424B prospectus supplement filed two days ago for warrant inducement. The vol is not just earnings vol — it is offering vol.

Decision: skip the put spread. Move to a calendar or a put-ratio that monetizes the offering risk without paying the full earnings premium. The platform surfaced the structural reason the vol surface looks the way it does — which is the only honest way to price the trade.

None of these decisions are made by Stocks Leak. The trader still has to pull the trigger, size the position, and manage the risk. What the platform changes is the information asymmetry — the gap between what the institutional desk knows at 3:18 p.m. and what the retail trader knows at 4:30 p.m. when the news hits Twitter.

Close that gap, and the small-cap tape is a different market. That is the entire product thesis: not better predictions, better timing on the same public data.

Stocks Leak was designed by Guy Gentile, a 30-year direct-access trader who built DAS Trader (2001), SpeedTrader (1999), and SureTrader (2011) — three of the platforms that defined active-trader infrastructure for the last two decades.

He built Stocks Leak first as a personal tool to solve a problem he kept running into on his own desk. "I got tired of finding out about an ATM offering after it had already pressured the stock," Gentile says. "By the time the press desks were reporting on a 424B5, I was already in the position. I wanted to flip that — get the filing the moment it hit EDGAR, parsed, scored, and pushed to me."

The product is now opened to every active trader. Same feed, same latency, same scoring. The only difference between Gentile's desk version and the public version is the price tag.

Free tier — no card required. 20 symbol dilution searches per month, the live filings feed, a watchlist with email alerts, and the Stocks Leak learning library.

Stocks Leak Pro — $29 per month. Unlimited symbol searches, the full dilution scan and PDF reports, insider and institutional data, unlimited watchlist size, and priority alerts.

One product, one price. No enterprise lockouts, no tiered upsells. The same dilution intelligence that hedge-fund desks pay six figures a year for, at $29 a month.

Stocks Leak is live now at stocksleak.com. Sign-up is free, no credit card required for the free tier. Pro is month-to-month with no contract.

Media and partnership inquiries can be directed through the Stocks Leak about page at stocksleak.com/about.

This article is a product announcement and reflects my personal involvement in the design of Stocks Leak. It is not financial, investment, trading, legal, or tax advice. Do not trade or invest based on filings, alerts, or commentary surfaced by Stocks Leak or referenced in this article. Markets involve substantial risk, including the possible loss of capital. Any reader should do their own research and consult a qualified financial adviser before making any trading or investment decision.