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QUESTION: Mr. Armstrong, Socrates has been so bearish on CNN’s proprietor, Warner Brothers, and the dabate is so rigged that different networks are even up in arms over CNN’s guidelines. We bought down all our institutional holdings in Warner Brothers, because of Socrates. Do you suppose this inventory will collapse on account of this debate that appears as corrupt because the New York courts?
Nameless
ANSWER: The issue with Warner Brothers is it seems to be not simply totally on board with the WOKE agenda that’s mirrored in its worth decline, however its CEO and president, David Zaslav, could also be a part of this coincidence with these within the White Home who’re additionally Jewish with heritage again to Ukraine who declare their households had been persecuted by the Russians for being Jewish initially of the Russian Revolution in 1905. Even Wikipedia states: “His household was a part of the diaspora from Poland and Ukraine.”
This raises some questions on whether or not Zaslav has been utilizing Warner Brothers for private biases towards Russia and, thus, Trump. CNN’s anchor internet hosting this debate in contrast Trump to Hitler. If anybody did that to Biden, it might be within the headlines in every single place. We can not say what Zaslav’s motivations have been somehow. Nonetheless, his administration of Warner Brothers doesn’t look like in the very best curiosity of shareholders. A CEO needs to be neutral, like a decide. Private views don’t belong within the boardroom or on the Nightly Information. That’s what OpEds are for – not anchors.
The most important help lies at $5.10, and an annual closing under that for 2024 can be devastating. It’s fascinating that we now have a Panic Cycle this month, residing up with the CNN debate, however then once more in January. Institutional traders have been dumping Warner Brothers huge time. The CNN guidelines and restrictions they placed on different networks are attempting to create a monopoly on the talk, and rejecting any criticism of CNN workers is extra like Pravda of Communist Russia days. It will likely be successful job to intervene within the 2024 elections as a result of Warner Brothers is to this point left their inventory is collapsing amid an important bull market. Why ANYONE would personal something of this firm is simply superb. I suppose they only hate Trump and see this as paying for his destruction moderately than an funding.
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