Insufficiently covered (against risk).
If you are looking for a way to invest in undercovered stocks, Ms. Twitchell noted that an exchange traded fund opened last September, the Claymore/Sabrient Stealth E.T.F., “which provides exposure to an index of 150 stocks covered by two or fewer analysts.”
Having too little coverage.
To go outside the unusual, to report the uncovered or undercovered, reporters have to find new listening posts.
simple past and past participle of undercover
From under- + covered.
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