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inocelda
Nov 18, 2015 10:09 AM

UVE: Dead-cat Bounce Long

UNIVERSAL INSURANCE HOLDINGS INCNYSE

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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.

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