Print, we were over .28 in May. From a low of .08, that is...let me see...uhhh....8 times 3.5 = 28. Yep, I think he is right...that is definitely 350%!
I do have to question your math in your logic you posted. That is 300%, not 200%. If you don't believe me, take your calculator and enter .08, then hit the "x" button, then type 300, then hit the "%" key. Mine says .24. You might have gained 200%, but you have 300% of what you started with!