No. of Recommendations: 15
The highest I remember it went was 2.6 BV back in 2007
Not quite...highest since Feb 2004 has been 1.93 times known book, using daily close.
Yeah, I remember that 2007 spike. It lasted for about ten minutes, right after people thought "we should move to safety" but right before they though "oh poop I need cash NOW".
(the ten minutes is figurative, it closed above 1.9 times book for 5 trading days in early December 2007)
The current move is shaping up to be somewhat memorable.
Jim
