Here's the difference between Reddit-fueled GME trade and pot stocks

CNBC’s “Closing Bell” team discusses Reddit traders chasing pot stock shorts with Joe Saluzzi, partner at Themis Trading. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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22 Comments

  1. theKONGSTOCKS on July 8, 2022 at 2:01 am

    FAST TALKER — faster than "The Micro Machines Man!" #Sike #RIPJohnMoschitta



  2. Isaias Morales on July 8, 2022 at 2:02 am

    I watched an interview with one of the individuals behind the reddit scam. He had me at pastor 😂 and people haven’t questioned how much did those behind the reddit scam make.



  3. Hildy on July 8, 2022 at 2:08 am

    Imagined believing anything CNBC says



  4. Kong on July 8, 2022 at 2:11 am

    no_pepsi_is_not_okay
    on reddit messaged me that reddit is infiltated and provided proof on linkedin they are hiring promoters to go to reddit to pump and dump stocks.
    anything pumped by reddit wsb is fake right now wait until they get their mods in check.

    the last good recommendation was gme. They are using reddit as a scapegoat so hf can do dirty work.
    do your own dd. and only go buy if someone like DFV shows up not some random redditor. gg

    DFV was great on gme



  5. RandomCrap on July 8, 2022 at 2:18 am

    CNBC, will you shut up man



  6. Tim Pot on July 8, 2022 at 2:20 am

    DLTNF Delta 9 Cannabis Inc — Stock Price and Discussion | Stocktwits



  7. Young Age on July 8, 2022 at 2:21 am

    reddit group messing thangs up they need to shut that page down



  8. Brian Dennick on July 8, 2022 at 2:26 am

    Mindmed!!!!



  9. Renaud Belanger on July 8, 2022 at 2:34 am

    I guess it wasn’t big pockets shorting these stocks because they would of stop selling shares! So it’s alright when it’s average investors but not ok with EDGE FUNDS! I’m glad shorts get hit hard and it’s sad the big pockets didn’t get hit harder. Good thing they can cheat and manupilate the market! Hope they get hit again and get hit harder! Shorting stocks should not be allowed in the market especially when you are heartless and only have money in your head. Does shorting a company until they go bankrupt when they just start in the market or are under terrible pressure like the virus have it’s place nowadays! Thought we are suppose to be sophisticate inteligent and giving people with good manners!



  10. Who Dis on July 8, 2022 at 2:35 am

    Difference is the media and their little buddies won’t be called to manipulate the market to save the hedgies asses



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  12. Samantha Aaaahhh on July 8, 2022 at 2:36 am

    People are getting paid on Reddit to discourage people from buying GME and AMC and to shill silver and weed stocks. They’re buying older accounts and offering money to users to post about how they lost money in GME. Misinformation about GME is being spread around the sub and any positive mentions of it are being removed by mods. People are still holding though



  13. Sword and Scale on July 8, 2022 at 2:38 am

    “We don’t cover meme stocks. We’re institutional traders” = We’re idiots that don’t have a clue what’s going on.



  14. No Secrets Fishing on July 8, 2022 at 2:40 am

    Lots of WSB holding bags after today



  15. Hershizzle on July 8, 2022 at 2:44 am

    I have never made and lost so much money IN TWO DAYS!!! Absolutely insane! I have whiplash!!



  16. IMO on July 8, 2022 at 2:45 am

    *Reddit has now been infiltrated by Wall Streets pushing and pumping stocks only to dumped them once the community pushes the price of the stock up. Wall Street is now using WallStreetBets to their advantage after the GameStop short squeeze.*



  17. Nikola Tesla on July 8, 2022 at 2:47 am

    maybe its just whales shortsqueezing



  18. Jason Baldwin on July 8, 2022 at 2:53 am

    Cannabis is still so cheap, nothing like GameStop at all. Buy the dip.



  19. A raccoon on July 8, 2022 at 2:53 am

    Maybe … just maybe there is a new legislation on the way and 2 companies are merging which will become the biggest company in the world. Also just maybe the fact tilray has announced new partnerships in *Germany , *Portugal , *Spain , * France and the UK could be also one of the differences from what happened in GME ?



  20. mrPmj00 on July 8, 2022 at 2:57 am

    long-term losers, mark my words: gamestop, hertz, bitcoin, tesla
    long-term winners: buy AMAZON, APPLE, FACEBOOK, NVIDIA

    capitol riot means a covid19 petri dish; we need another lockdown. we have Amazon Prime streaming and don’t need to travel or go to a commercial theater and avoid covid19, mass shooting (gun sales doubled in 2020), police killing like George Floyd, and exploding RVs like in Nashville, capitol rioters bringing pipe bombs



  21. Brett Cotton on July 8, 2022 at 2:59 am

    Pump and dump weed and silver



  22. Mark on July 8, 2022 at 2:59 am

    I don’t know why but this guy needs to stfu