joshuanroberts
Long

UVE: Dead-cat Bounce

NYSE:UVE   UNIVERSAL INS HLDGS INC
Stock dropped on the statement from Lakewood Capital but I'm sure the market overreacted and it should actually be higher than where it is now. Extended hours will be a good indicator of where it's going so wait for the pullback before buying. The day after a drop is usually an even lower low so another day wait may be needed.

http://thepatternsite.com/dcb.html
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