Callouts & quotes from 37,061+ activist slides

"In fact, many of the company’s allegations almost exactly match what Heinz said about Trian in 2006 – allegations that were proven wrong over time"

"In fact, many of the company’s allegations almost exactly match what Heinz said about Trian in 2006 – allegations that were proven wrong over time"

"The Board has proven itself unable to effectively oversee management and the Company, and has destroyed shareholder value through its complacency:"

"FirstGroup should take advantage of the opportunity to deliver value to shareholders while driving long term operational and financial performance"

"FirstGroup should take advantage of the opportunity to deliver value to shareholders while driving long term operational and financial performance"

"AOL appears to be pushing ads to Patch that could have been used on other AOL properties to inflate Patch revenue and justify continued investment"

"With a shrinking government and industrial business, we believe IRBT is better viewed as a narrowly focused consumer discretionary product company"

"SandRidge’s stock price immediately dropped 16%, destroying over $100 million of market value(1), but the board still argues it was a “good deal.”"

"Leidos management is keen to promote organic growth, and is now talking about accelerated organic sales growth into 2021... but can it be trusted?"

"The saga ended 3 weeks later when they discontinued the drug. The parent indicated the child lost 10 lbs of fluid (1.2 gallons) in the week after."

"The saga ended 3 weeks later when they discontinued the drug. The parent indicated the child lost 10 lbs of fluid (1.2 gallons) in the week after."

"Jennifer Miller really skewed the data. I mean, most other companies would not allow more than X percentage of patients to come from a single site"

"Aronin’s actions caused widespread outrage, leading to his expulsion from the board and membership of PhRMA, the top pharma lobbying organization."

"A 57-year old male patient on 17.8mg of pitolisant experienced "seizures and blacking out." Pitolisant was discontinued and the symptoms resolved."

"There are almost no high volume prescribers of Wakix who are not paid speakers for Harmony, and even they are generally ambivalent about the drug."

"Over 60% of BEA's shareholders are Independent Shareholders or Current Sellers (whom the BEA board cannot prevent from accepting a takeover offer)"

"Despite stability in the size of the investment team, total headcount grew by over 50% from 2012 to 2016 as PSH was launched and capital increased"

"Nuvei's CFO David Schwartz provides a biography that appears to obscure his involvement in an FBI investigated business tied to internet gambling."

"Not only is the upward trend in Procept DSOs worrisome, but the Company's inflated receivables balance also stands out relative to peer companies."

"CLEAR's Chief Accounting Officer was the Corporate Controller at Ubiquiti, Inc. (NYSE: UI) during a period it was under investor and SEC scrutiny."

"Despite stability in the size of the investment team, total headcount grew by over 50% from 2012 to 2016 as PSH was launched and capital increased"

"Conceptually, the discount rate measures risk. The greater the risk, the higher the discount rate. The less the risk, the lower the discount rate."

"What's worth noting is that ICC Holdings LLC and Ascend Barry LLC had the exact same address. We have reason to believe they are the same company."

"These initiatives do not deliver the strategic evolution required to remedy Southwest’s challenges. They are a normal part of running the business"

"Southwest must bring in new leadership from outside of the Company to improve operational execution and lead the evolution of Southwest's strategy"

"All Together, Insiders Cashed Out $4.5 Billion From PLTK Before/Through IPO, Leaving Public Investors With Over $2 Billion Debt. What Is The Rush?"

"The Repeated Use of Key Words Allow Us to Track How Much IONQ Was Feeding at the Government Trough, And to See How They Were Left Out in the Cold."

"The Eurise electric minibus is available to anyone who wishes to import them. There is no need to buy it through GreenPower and pay a huge markup."

"Pershing Square’s returns have been substantially greater than those achieved by investing in the broad stock market indices over the same period."

"Regardless of whether that second line was working or not, ONP's operation struck as a late 20th century factory equivalent of a Potemkin village."

"SEC Charges China Sky One Medical and Top Executive with Inflating Financial Results through Phony Sales — U.S. Securities and Exchange Commission"

"In September 2010, we purchased a portion of the working interest in leases covering acreage in northeast Oklahoma from WCT Resources — 2011 proxy"

"Oops! We know it's not $1, but this deal was too good to pass up so we're passing the savings along to you. — Dollar Tree (2007-2008 test message)"

"Excellent questions to which we don't have competent answers, and we won't change anything. — Udo Müller (attributed in context of the transcript)"

""[O]ne person with direct knowledge of the boardroom spats maintained that Mr. Genish was "Vivendi’s man"..." — Financial Times, November 13, 2018"

"The clinic has a separate entrance from the store. "That was important to Wal-Mart; pets aren't allowed in the Wal-Mart stores," Spiker explained."

"Since July 24, 2012, the last day of trading before we announced our updated strategy, Hess shares have increased... — John Hess, January 28, 2013"

"“All of Hess’ six new directors have experience executing or advising on major corporate restructurings.” — Hess Letter to Shareholders March 2013"

"“...And actually, the -- both the growth and the EBITDA profile for SchoolMessenger is actually very similar to PowerSchool.” — 2Q23 Earnings Call"

"I use freeplus and really like it - it is not sticky. Suitable for the hot weather in Thailand. Apply it alone for people with oily-skin. — Lazada"

"According to PricewaterhouseCoopers, domestic home video sales(a) grew from approximately $8 billion in 2000 to $19 billion in 2005 or a 18% CAGR."

""So I think we've had a historical preference to grow EPS 10%, and I don't think we're walking away from that." — Michael McGarry, CEO, 10/19/2017"

"In instances where we do not have reporting from our partners, we estimate revenue based on information available to us at the time. — Intuit 10-K"

"I am committed to helping Phillips 66 reach its full potential... — Energy veteran Greg Goff, former Andeavor CEO and Phillips 66 investor, 4/9/25"

"「ウシオ製の光源ではありません。違う光源であることを知っています。レーザーテックが『Urashima』という光源を発表したことも知っています。そういう名前の光源だと聞きました。また、その知的財産はIsteqのものだと聞いています」 — Ushio Field Service Engineer"

"Our recurring revenue backlog represents an estimate of first year revenue from Closed sales that has not yet been recognized. — Q4 2018 Conf Call"

"Monthly dividends give our shareholders the freedom to Reinvent Themselves. Engage Others. Pursue their Dreams. — Realty Income Marketing Material"

"I think that Snap is so far behind that they're never going to be able to truly catch up, especially once Matter takes off. — Former Snap Employee"

"“the reason for this is that the pharmacophores of the hERG channel and histamine receptor show remarkable similarities.” — Davenport et al., 2010"

"RUN is at Risk of a Funding Gap due to an Inability to Use Aggressive Valuations; it is also at Risk of a Claw Back that Could Reach $948 million"

"The bottom line on the tax inconsistencies is that in our view, the company failed to explain them. Therefore, we see these issues as a red flag."

"We took advantage of price declines at the beginning of the year to add to our position and believe QSR remains a compelling long-term investment"

"Why Did Allan Lacoste - Nuvei’s Top EVP of North American Partnerships – Mysteriously Disappear After Being Referenced In An Alleged $100M Fraud?"

"Reclassifications related to FX gains/losses in net finance cost and SG&A have been disclosed, but revenue revisions are continuing into Q3 2021."

"Domino's Pizza's dividend-adjusted stock price has increased over 17x since 2004, driven by refranchising and international growth of franchisees"

"During our conversation with a senior industry executive, he told us he would question what makes up Genius’ 11% of revenues from sports leagues."

"As shown in this contract with a partner sports league, 100% of the $46,530 annual value is paid-in-kind, resulting in no cash benefit to Genius."

"The bulls talk multiple expansion, whereas the bears talk hard data points showing that Avery has had no organic EBIT growth absent cost cutting."

"Using the Wayback Machine, we find evidence that Generac is having to absorb increasingly more shipping costs which would pressure gross margins."

"Generac's goals are heavily tied to EBITDA over actual cash flow. In fact, even the 25% “Individual Performance Goals” references back to EBITDA."