The conflict of interests continues to unfold, we now have the CobbleCord scandal.
FOX Business’ Charles Gasparino has been recently caught a deer in headlights.
Information about his wife owning a streaming services company has retail investors not just looking at Charles Gasparino, but at FOX Business as well.
FOX Business has allowed Charles Gasparino to defend shorting AMC Entertainment without taking into consideration the narrow worldview of his personal interests.
Most of you might know Charles Gasparino from unprofessionally attacking retail investors on social media, trolling and taunting the ‘ape community’.
With his wife owning a streaming services company, it’s in their best interest that a company such as AMC Entertainment suffers from viewership.
Welcome to Franknez.com – the matters presented before you today are rather big news to the community. Gasparino could very well get fired for this major conflict of interest.
Let’s get started!
Is FOX Business Complicit?
Retail investors are wondering, is FOX Business complicit?
FOX Business has allowed Gasparino to influence viewers by representing a side of the story that provides some type of gain for his own personal agenda.
AMC Entertainment escaped from the depths of bankruptcy when retail investors saved the century old movie theatre chain from collapsing.
Hedge funds have overleveraged their positions in hopes of bringing the company down after losing several billions of dollars.
Melvin Capital would have closed earlier this year if Citadel Securities did not lend them a lifeline.
There’s a trend we’ve begun to see where overleveraged hedge funds are shutting down to losing short position bets.
Charles Gasparino, a strong short seller supporter, has used his influence on mainstream media to stray the public from buying AMC stock.
This advice has cost millions of curious investors to lose out on an opportunity like no other.
AMC is currently up more than 1300% year-to-date.
But short sellers are in extremely tough positions.
#FireGasparino Creates Frenzy on Twitter
The hashtag #FireGasparino is gaining traction on Twitter after retail investors discovered the information about CobbleCord.
The CobbleCord scandal creates real conflict of interest because of the two scenarios that take place here.
There’s a group of retail investors who saved AMC and are going long on the company to squeeze the short sellers from their positions.
Then there’s Gasparino who defends short sellers, trolls retail investors online, and exclaims AMC has no chance against streaming services, albeit his wife owning an industry-competitor company.
Viginia Juliano is Charles Gasparino’s wife and founder of CobbleCord.
She formerly worked with Showtime on their streaming services and considers herself to be a streaming evangelist.
The CobbleCord scandal only amplified when Charles Gasparino tweeted his lawyers would be in touch when a community member shared the topic.
Now that the Kat is out of the hat, Gasparino might threaten to sue.
This isn’t the first time Kat has been reached out to in regard to legalities.
Ken Griffin’s lawyers have also reached out to Kat when discovering the preparation of #KenGriffinLied banner planes.
The act was sparked after the community uncovered Ken Griffin did indeed lie under oath when asked about Citadel’s communication with Robinhood during the trading halts earlier this year.
What Are Your Thoughts Regarding the CobbleCord Scandal?
Is FOX Business complicit?
Should Charles Gasparino get fired for engaging in conflict of interest?
Leave your thoughts below.
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