Don’t invest in mergers of Continental and United (or any others)
The big news is the current merger of United [stckqut]uaua[/stckqut] and Continental [stckqut]cal[/stckqut] (yes, I know that there is plenty of other big news such as nuclear non-proliferation, Republican and Democrat politically maneuvering, and the current American Idol contest but I don’t talk about those things on this site).
Those that have listened to my advice in the past know that I do not believe in the wondrous predictions of mergers. Have you ever heard the leaders of the companies involved in mergers declaring,”This is really bad for our company and our shareholders but we are going to do it anyway because it is more fun than just running our own company profitably.” I can’t find anyone saying it but they probably should as it is likely more close to the truth than anything they said in their various public releases.