Universal Insurance Holdings Inc (UVE)

[True FL Native]

Its a long process to get insurance up and running in other states. I just posted it because I found it. There are those around (mostly on Yahoo board) that call this stock an all out scam. They are mostly manipulating the stock for their benefit but I like to throw facts out there to blow their theories out of the water. If management was just trying to milk this stock for all its worth then why would they waste their time applying to other states. Considering all the money they have made the last 2 years, I doubt they would unless they were serious about growing this company. I will continue to add shares of this stock going forward. At this price, the divi alone, makes it a hell of a deal in my opinion.