Fondos.Net - UALAQ: the United Airlines StockSymbol
UALAQ: the United Airlines StockSymbol
It’s a little long, it’s a little
complex, but
there it is: the United Airlines stock symbol is UALAQ, though most
people
assume it’s UAL.
Whether it’s of any value to know this is
questionable.
United Airlines is in real financial trouble. It’s been in bankruptcy
for well
over two years and may remain there longer. Despite a rather late
response to
market trends with its launch of Ted, a budget subdivision of United,
United
Airlines is still seeing more losses than gains in the market.
But the news isn’t all bad. United Airlines is
taking steps
toward retaining loyal customers and encouraging its fliers to ride
frequently
with their airline rather than hop from airline to airline. And once
they do
emerge from bankruptcy, they may be in better financial shape than ever
before
historically, due to being forced to tighten up financial methods and
efficiencies.
Before investing in any airlines, you should
carefully
question what you’re getting into. Yes, they have historically been
lucrative
stocks, sometimes seeming to just sprout money. But today, fears about
terrorism, though exaggerated, have caused many people to reconsider
the wisdom
of flying at all. And pending lawsuits, questionable pension practices,
and
shrinking wages are bringing into question the future financial
viability of
publicly owned airlines even if one discounts terrorism as a problem.
Ultimately, how much money will terrorism cost the airlines? There’s no
way of
knowing.
But liabilities like these aren’t the only
problems facing
airlines today. Higher oil prices have shrunk profits significantly,
while
competitive pricing through the Internet has made it all but impossible
to
raise ticket prices and retain customers. Many airlines have resorted
to using
frequent flier miles and expanded frequent flier programs to draw new
customers
and retain old ones. But frequent flier programs cost money. How long
can the
programs be maintained before they have to be restricted beyond the
tolerance
of most customers?
Ultimately, the entire industry may wind up
regulated again.
If that happens, your stock will almost certainly take some financial
damage.
Unless you’re purchasing airlines stock for ideological reasons, why
take the
risk?
Proven Investment Advice
Get Dow Theory Forecasts - the acclaimed investing newsletter on buying, selling and holding common stocks. Build and preserve your wealth. Subscribe now and get three free reports.
Other investing articles of
interest
Following the Lucent Stock Price For a very long time, the forefront of
all computer
and communications technology included AT&T, the venerable company
founded
by Alexander Graham Bell that spread telephone wires across the United
States.
Much later, in the 1980s, controversy over wh (Continue Reading)
Stock quotes Stock quotes should be an easy thing not hard and maybe a little fun. There are several ways you can learn how to read or get stock quotes. I learned to read a bit of the stock page in high (Continue Reading)
Historical Stock Splits: How Can You
Predict It?
Stock splits can mean big profits for
shareholders,
especially if you choose to sell half your split stock. By looking at
historical stock splits, you may be able to predict when they’ll occur
on your
own stocks.
Traditionally the dealing of shares and stocks
could only be
completed on the trading floor; however, it is now possible to use a
stock
broker firm to complete these tra (Continue Reading)
Exxon Stock Exxon who was once known as Humble Oil & Refining Company
is one fo the largest multi national corporations in the world that is
involved in gas, coal, oil, and energy productions. In 1998, Exxon had
an outstanding business presence in every country (Continue Reading)
