any idea on the time of day they normally release?

If its like last year: 3pm EST

If its like the year before: 10am EST

do they normally send md and md phd in the same wave

How big is this first wave supposed to be? If someone submitted early and does not get II on first wave, is there little hope for later II?

according to last year, the first wave or two are really big. you can still receive an invite later but you may also hear a rejection early september

How people know or guess today will be the first release day?

Typically happens on wednesdays. Last year and i think the year before it was the second wednesday of august. So I'm guessing it could be this wednesday. It's all speculation of course.

does it normally happen first thing in the morning or just throughout the day on a wednesday?

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you miss 100% of the shots you don't take.