AAA Public Adjusting Group Inc. (AAAA) does a great business helping homeowners squeeze bigger settlements from insurance companies when disaster strikes hurricane-plagued South Florida.
And now the company has HUGE expansion plans, and boosting revenue 50% is only the first step.
Traders though are focused on the way those big plans have recently energized AAAA shares – more, in fact, than they’ve ever been energized before!
Since June 27th, average AAAA daily volume has soared 5,700% – more shares are now moving in one day than has changed hands in AAAA’s entire two-year trading history!
And over the last three weeks, AAAA buyers outnumber sellers 2 to 1!
Chart Analysis
• Back on Monday, STO flashed to “oversold” for the first time since AAAA became active.
• Accumulation has been swinging wildly to reflect a tighter supply of AAAA shares on the open market.
• Intra-day volatility has routinely sent AAAA through all the trend lines in a single bound, just about every day.
• No candlestick smaller than 9% since June 28th — average intraday move so far has clocked in at 17%.
Traders celebrate as AAAA expands onto the national stage!
People hire AAAA to argue on their behalf when the insurance company audits their claims.
And then AAAA splits the settlement check with the insured.
Needless to say, this is big dollar business for everyone concerned. Insurance adjusters like AAAA can easily generate an extra $15,000 per hurricane victim and another $8,000 for non-hurricane claims. (Read more)
Multiply that kind of per-client performance by a big storm like the $3 BILLION flood that swept the Gulf Coast a few months ago, and you can see just how much money there is in this business. (Read more)
And AAAA has aggressive plans to boost that revenue at least 50% by expanding up the panhandle to cover the rest of Florida over the next 6 months. (Read more)
And by next year, they expect to be operating across 44 states nationwide … so wherever there’s bad weather, enough to push a tree branch through a window, AAAA wants to be there. (Read more)
AAAA insiders vow not to take their profits until October!
With all that potential growth on the horizon, from a nationwide expansion and projected revenue increases, it should come as no surprise that insiders have grabbed 99% of AAAA shares and are refusing to sell.
AAAA’s three directors own 90 million shares, or 85% of the stock.
And, as of July 7th, six outside shareholders, who control 93% of the remaining AAAA float, signed a binding covenant not to dump their stock for the next 90 days … which includes not selling into strength. (Read more)
So now, there’s only 1.1 million AAAA shares available for traders to chase on a given day.
Bottom Line: AAAA has moved into uncharted territory as far as volatility and turnover go.
Recognize too, the closing price isn’t reflecting the 9% to 40% intraday action the day traders have been enjoying.
But obviously, investors who own 99% of all AAAA shares outstanding seem to think that clearer skies and higher prices are ahead.
Get AAAA on your screen RIGHT NOW and see whether they’re right.
See you in the winners’ circle!
