Subject: Re: This stock
What I meant by the comment is that its often trades in a range of 1.3x book to 1.6x book - and it does so often so its easy(ish) to know when you might add or subtract from your position.

Yes, that is obvious and the extremes easy to use. So much that I made a lot of money using that predictable range especially this year with puts options. Jim too. Surely quite some others here also, even if they are wise enough to not talk about it.