$AAME finally getting some attention over $1.50 and the long-term chart actually looks like a double bottom

ok so $AAME was dead for a minute and now it’s actually trading over $1.50 because people finally started looking at it.
still think the valuation is stupid though.
price just popped over $1.50.
book is $5.37.
IV they have at $3.63.
sales $208M.
ttm income $4.71M.
they already printed a $3.3M quarter.
cash flow positive, like $5.07M operating cash flow in a quarter, and the cash chart is going up.
no dilution filings.
insiders own 80.91%.
market cap is still tiny.
and then the chart side: long term this thing has been sitting on that $1.25 area twice. tagged those lows, held, and now it’s bouncing as volume came in. looks like a double bottom on the bigger timeframe more than it looks like a breakdown. 200 day is still way up around $2.30 so this is still just coming off the floor.
not saying it rips this second but just saying it’s weird to see a profitable insurer with $5 book, 81% insider ownership, and no dilution still hanging around these levels until the volume showed up.
am i tripping on the double bottom or does that $1.25 shelf actually matter here.
not advice, just watching it now that it’s over $1.50 and people are waking up to it.