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Tiny Float Nasdaq Idea (UNAM) Could Be 2022's Last Big Breakout Idea (Grab These Key Details Right Now)
December 28th
Greetings Readers,
Let's get to this quickly.
This Nasdaq profile is completely off everybody's radar and could become the cherry on top of a huge 2022 that saw us deliver breakout idea after breakout idea.
Now, here's why you need to pay attention closely to this profile.
It is a low float idea.
In fact, Yahoo Finance is reporting a float of approximately 1.89Mn shares.
That means the potential for volatility on a daily basis cannot be underestimated.
Ready to find out who I'm talking about? Good!
Right now, get *Unico American Corporation (UNAM)* on your radar. Here's why...
UNAM has a history of strong, short term breakouts littered all over its 1-year chart.
But none more impressive than what happened to it in August of this year.
Opening up August 5th at $1.80, UNAM surged to an intraday high of $2.97+.
UNAM's $1.00+ move resulted in it blazing a path of 65% intraday.
That's 65% in just one day!
So how was that possible? One major reason: it's low float.
As I mentioned above, UNAM has a float of approximately 1.89Mn shares (according to Yahoo Finance). That is incredibly small.
With floats of this size, the potential volatility that can present itself can sometimes be off the charts and provide the possibility for quick vertical moves.
UNAM Company Info
Unico American Corporation, an Ins holding company, underwrites property and casualty Ins in Arizona, California, Nevada, Oregon, and Washington.
The company offers property, casualty, health, and life Ins products, as well as Ins premium financing and membership association services. Its commercial property coverage insures against loss or damage to buildings, inventory, and equipment from natural disasters, including hurricanes, windstorms, hail, water, explosions, and severe winter weather, as well as other events, such as theft and vandalism, fires, storms, and financial loss due to business interruption resulting from covered property damage.
They also offer commercial liability coverage that insures against third party liability from accidents occurring on the insured's premises or arising out of its operation; and writes policies to insure commercial property and commercial liability risks on a mono-line basis. In addition, it provides group dental, vision, and life Ins policies.
Unico American Corporation markets its Ins products primarily through a network of independent brokers and agents. The company was incorporated in 1969 and is headquartered in Calabasas, California.
Company Description Found Here.
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The clock is officially ticking. Don't waste another second to get UNAM on your radar now.
If there are any updates today, I'll have them out quickly.