Thread by @ApesTogetherDoc

“Memestocks” is a term we, along with so many of us, are guilty of using. It’s fun, calls attention to the subversive side of all of this, but as we’ve seen with the @SECGov’s video today, the term has entered the collective lexicon as a catchall 1/

used to undermine and belittle not only retail investors but the companies they deem worthy of investment. What’s most concerning is that our government agency charged with protecting retail investors has chosen to associate the term with under-researched “bad decisions 2/

The issue here, in our perspective, is that messaging like this is tone deaf to not only the companies that any source can brand with the moniker but to the ability and dedication of retail investors everywhere who have chosen to rely on each other rather than traditional 3/

financial media. Anyone who has been in this as long as we have knows that like any subject written about on the internet, there is good information and there is bad information. There are truths and there are falsehoods, and paid for falshoods 4/

But unlike the loudmouthed pundits who would paint us, #werheinvestors, under the lame caricature of some basement dwelling market manipulator, my brother and I believe in the ability of blue collar people like ourselves to 5/

know the difference. If the @SECGov had been seeing the #apes as an ally rather than condescend to this dedicated group of empowered individuals they may have seen the mantra “do your own DD” 6/

Do we think there’s some grand conspiracy here? No. We think the people in charge are really just that tone deaf. Despite this weak display of insensitivity and lack of understanding, we’re still dedicated to to working through these issues thoughtfully 7/

with intention, humility and purpose Days like today make us want to do even better. To prove the @CGasparino’s of the world wrong. So long as we stay united, driven, and inquisitive will we chip away at the decades of deregulation, consolidation and incentivized criminality 8/

that has consumed our capital markets and the “real economy”. We’re done with “too big to fail”. We’re done with bail outs. We’re done picking up the tab as we clean the tablecloth. 9/

#ApesTogetherStrong