Only pay attention to meme stocks if Russell 2000 is your benchmark: Stephanie Link

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Stephanie Link, chief investment strategist and portfolio manager at Hightower, and Sarat Sethi, managing partner at DCLA, joined “Squawk Box” on Friday to discuss whether Wall Street is seeing the institutionalization of the meme stock phenomenon and the extent to which active trading is now affecting passive investing. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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34 Comments

  1. We play the same game you play, it’s called making tendies baby and do you swing is my question 😘

  2. Theirs not one in your benchmark but I’m a SWINGER BABY. Largest swing trade to date has 7 figures attached to it. We are tearing up the market and these will all be on Russell 2000 indexes. Question is did you buy AMC? That’s the question cause as you know this has become a managed event. Buy the dip before the rip

  3. The economic crisis , unemployment and hardship caused by Covid pandemic is enough to push people into self financial ventures like bonds, NFT , Forex and digital currencies to be financially stable.

  4. Politicians and SEC better not get involved in this drama because whatever they do this will be in the history books and I’m sure they wouldn’t want to be in the wrong side! (:

  5. $CRSR for Monday, company is making 1.7B revenue per year and is profitable. Yet the market cap is sitting at 2.7B sales growth is also growing 50% per year.

    Criminally undervalued stock and will make the shorts pay this stock is worth 5x the current valuation!🤙🏽🚀

  6. Russell 1k. You will need more funds to short the GME in this index. Iam just holding like you are holding Amazon. No game here.

  7. After AMC and GME we need to go to next heavily shorted and summon all Apes for next play, then repeat…

  8. Good lord these people are condescending! Can you blame us for despising you folks? Your arrogance is what’s going to bring you down.

  9. I got all my money on AMC. El Salvadoran president announcement yesterday to accept Bitcoin as a currency was just a distraction. There really going out there way

  10. This lady obviously hasn’t seen any institutional market activity the past 6 months.
    They definitely can and do get in and out of positions very quickly.

  11. We are changing the game one trade at the time. We are exposing the hedge funds and there over exposure on there short. She hates us you can hear it in her voice her , condescending tone "there just playing" she knows it's just a matter of time before we move towards bigger names.

  12. funny
    ford and GE look at how much debt they have and how much it has rallied… gimme a break. its because the ceo/board of these old companies are buddies with msm

    same old stuff said about faang stocks in the past. i think clov and wendy have better balance sheets than ford or ge, these 2 would be bankrupt by now if not for their “status”.

  13. Investing in Bitcoin now is the wisest thing to do now especially with the current price Despite all the economic crisis this is the right time to start up an investment

  14. Invest $ 100 in Bitcoin and receive huge profit of $ 670 within 7 trading days, you will be convinced by taking the bold step.

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