Originally Posted by
Raptor
Plus, all that newly conflicted stuff will go into the secondary lines.
I predict that not only will the percentage of secondary lines grow to replace the 20% of reserve lines being put into it, the number of secondary lines will grow to include all of this. And, there is no language in the TA to keep the number of reserve lines we currently have, except we have to have 13% of R24. What stops the company from making secondary lines comprise 30-40% of the bid pack on their newly efficient PBS engine?
I wonder what stops them now from doing that? Unless they deleted language that limited the number of VTO's, not sure what would be different after the TA than before it, at least as far as stopping them from making more VTO's. In fact, what stops them from making 100% of the bid pack secondary lines, now or after the TA.
I ask because I'm too tired to look all this up, and someone here probably knows this off the top of their head.