Worst Merger Ever...

Bye bye Steve Case, one of the main geniuses behind the AOL / Time Warner Merger is no longer going to be on the board of Time Warner. AOL in the past has mostly been looked at as Internet for Idiots, but since July 2004 in a big manager's meeting when they decided to start turning into a free content portal considering the increasing turn of advertisers to the internet is now making AOL appealing to outside parties such as Yahoo! And Google.

Still many board members that voted on the disastrous AOL/ Time Warner Merger are on the board, and I think if they were to resign it would also add some quick value to the stock TWX, which has risen at least a percent today. Removing AOL from its name isn't enough, they gotta remove the idiots behind the merger, Gerald Levin and Bob Pittman left earlier, weeding out these people promoted to their level of incompetence is one of the many steps to unlocking shareholder value.

Although Case still owns 0.3% of TWX, he will be handling a new company, his excuse for leaving, called Revolution LLC , a company focused on consumer driven health care, which is a growing trend and something if I remember correctly Bush mentioned in his recent speech (one of the few intelligent things he's brought up, the others including the capitals gains tax cuts, and the fact that something needs to be done about social security and Medicare which is in even worse shape than SS). While the current indemnity plans do work, I'd rather be in a consumer driven health care plan where if I'm healthy I can save my money that can basically be put in a pot, and if I'm sick I could actually shop around for a doctor... I wouldn't want to be limited to a doctor with 80% success rates on a procedure just because he's in my "network",when I could get a doctor with 95% success rates that might even work cheaper. Until now whatever the doctor said would go, and the insurance would pay up without question, but that's changing.

So quick summary:

TWX I love at anything at or below $17.50 a share, I wouldn't want a base price of anything above $17.70 though if you don't want to wait for a pullback. This stock is still worth a fraction of its peak before the "worst Merger Ever".

Consumer driven health and health care cost consolidation is going to be a growing business, a good play in that would be UNH, I missed the opportunity to get in on that at $50, but its still viable on a little weakness... Maybe under $55.

I am not responsible for your trade decisions made or not made because of my opinion shared here. You should always do your own research before buying/selling a stock.