OIS went down because oil stocks in general have went way down this week, and the market in general. If the price of oil drops, the nice earnings may not be able to keep OIS in the mid 20's in my opinion. Then again I dont see oil significantly falling.
Apparently OIS is benefiting from the very high price of steel. If the price drops, which I dont think it will, there would be some bottom line impact. Anyone know a good site to track the price of steel?