Originally Posted by
Bill Lumberg
With oil possible that low, we want guarantees that the 50 seat numbers will go LOWER. Also, lower oil would mean more profits potentially, meaning more profit sharing potential. That supposed cut of 5% from 15% to 10% under 2.5 billion wouldn't even be a player if profits climbed north of $2.5 billion. Hello 20% profit sharing!
"Supposed"????
And contrary to some talking head article, oil is only tracking down with the broader economy. Oil will find support when the S&P finds support, then it will track back up with the S&P.