Teddy,Quote:
Friends just did a simple query on Trackitt for EB2 ROW + Primary + Approved
Oct 2010 - Feb 2011 - 184
Oct 2011 - Feb 2012 - 170
This means ROW has almost caught up considering we still have days in Feb, ROW was lagging back big time initially the exact same thing had happened last year.
Now if CO's statement of flat utilization of 9% per month is indeed true then in 5 months we have already seen 18K SOFAD at this rate we should see SOFAD in excess of 35K. For this to be true it appears that there is actually a larger sample of people on Trackitt now than in the past. If the pace of approvals is that high then reaching 01-JAN-2009 by Sep 2012 is a possibility. 18K in 5 months can easily be extrapolated to 36K in 12 months. I don’t believe that demand destruction could really be worse than a corresponding OR of 0.75 which would make it 1650 a month EB2 I/C this is my personal belief however I respect everyone’s opinion.
As of now even Dec cases are being approved quite consistently so surely even in the worst case scenario everyone till 15th Mar 2008 should get approved. I think that the approval volumes will be high in Q3 as well but will subside in Q4 where the allocation is less. Next VB will be very interesting to see the direction. Most important thing is how sound is the basis for the current approvals assuming its in the 9% per month boundary.
Here is how I came up with the 18K figure. Pre Oct Average of Inventory and Demand data is 8.5K + 14K(Does not have CP) = 12K. There have been atleast 6K I/C approvals since then.
I am in agreement with the number of 1600-1800/PM. Let's not worry about individual OR assumptions for now. So you have same number for PD2009 too?