and yet this stock is stuck. I don't get it. Either the market is asleep or people don't care. Book wil probably equal $10 as of the end of 1Q. This stock should probably trade at 1.2x book (at least) which would get one to at least $12 for fair value.
I see the LSTA LLI at 95.78. This is the highest since November, 2007, but not the 98.1 you reported. Maybe a book in the 9.15 - 9.25 range for Q4 and a shot at 10.00 for Q1 if the index can sustain the gains?