Callouts & quotes from 37,061+ activist slides

"So, the patient is only taking one antihypertensive for mild elevated blood pressure, 42, healthy, shows up in the ER with QT prolongation."

"So, the patient is only taking one antihypertensive for mild elevated blood pressure, 42, healthy, shows up in the ER with QT prolongation."

"None of them responded. To us, this shows ZJK’s avoidance of investors who would actually like to learn something deeper about the company."

"In 2023, the Berlin Regional Court ruled against HelloFresh following complaints about misleading marketing of "climate-neutral" meal kits."

"We question why PharmaCann is willing to pay, or can afford to pay over $3M in rent per year without being able to use the facility at all."

"We generated substantial negative returns from Q3 2015 to Q1 2016 driven largely by our Valeant investment, and positive returns thereafter"

"Flexopt hardly constitutes a business, with basically $0 in revenue and is simply using CoreCard's own loan to pay for CoreCard's services."

"INOD’s insiders have sold a total of $16 million of stock since 2020, with $13 million of those sales coming in the past nine months alone."

"Excluding ISRG and these acquisitions, we estimate that UFPT would have grown sales by a marginal 0.4% in 2024 as shown in the table below."

"NBEV ends up paying 50% of revenue for the licensing deal, yet our research indicates that standard rates for this industry are around 25%."

"We believe PLTK's business is unattractive in even the best of times, and see a potential downside of over 40% in the short to medium term."

"I'd like to pay. Can you add a private massesue, six bottles of fine champaign in the bill? Also please put a pack of condomn in each room."

"The bogus Korean contract appeared as a savior, pushing the stock price from around A$5 to a recent new ATH of A$11.20, reversing the fall."

"Our estimation suggests that the real time advantage of PhenoTest AST is a modest 40%, not 75%, when compared to the automated AST systems."

"In Q4'23, the quarter-over-quarter growth rate collapsed to less than 1% while year-over-year growth continues to decline to the low teens."

"We Believe Ferguson is Mispriced as a UK-Listed Equity as 100% of its EBITDA Will Be from North America Following the UK Business De-Merger"

"While these are all thought of as commodity businesses, they are higher margin and much more stable than most commodity chemical companies."

"A New Mandate at DSP is Required to Ensure Alternative Viewpoints are Allowed to Be Introduced and are Properly Considered in the Boardroom"

""I am in awe of New Oriental’s success in a marketplace that fractured, that difficult, that competitive," — The Princeton Review’s Kanarek"

"Generally, the veterinary community regards product diversion as unethical. — FTC Staff Report: Competition in the Pet Medications Industry"

"“Meaningful total shareholder return delivered by management’s transformative vision and focused execution since 2009” — Arconic Management"

""The unifying mission or thread of this transformation is really the move to a higher margin product mix." — Kay Meggers, December 14, 2016"

"The biggest challenge that our clients and the industry face headed into 2024 is finding and keeping good talent. — Industry trade magazine"

"“Optoselect chips replace typical well plates” with “thousands of Nanopen chambers which are like wells on a microplate.” — Berkeley Lights"

"[...]価格は依然として全く正当化できない。実際、本日の提示価格である18,800円は、6月3日の当初提示価格である16,300円よりも現在さらに大きなディスカウント水準にあると主張できるし、そうすべきである — CLSA (John Seagrim), 2026年1月14日"

"IT'S COME TO MY ATTENTION THAT OUR SISTER CITY HAS BEEN BORROWING OUR CITY'S CLOTHES WITHOUT EVEN ASKING! — Cartoon character (Comptroller)"

"Muddy Waters struggles to think of a greater form of banality than the standard US-listed Chinese company call with analysts. — Footnote 67"

"For AOL Time Warner, in the long run had they gotten AT&T Broadband, it would have been strategic brilliance. — An analyst at Merrill Lynch"

""Dump it! Oh God! Horrible, Horrible, like Horrible. Even the product is Horrible." — Former Church & Dwight Senior Country Business Leader"

"「当社の競合他社が一旦購入しかけたけれど、あとになって『やっぱり要らない』と言ったから余っているようです。当社がA150を追加で買えば、大きく値下げして売ってもらえる、とのことでした。なんか、1500万〜3000万ドルと言っていたらしい」 — マーベル・テクノロジーの上席従業員"

"「TSMCがレーザーテック製の装置をどれだけうまく生産の流れに導入できているかについてはよくわかりません。しかし、......聞いているかぎり、今のところはあまりうまくいっていないようです」 — 半導体製造企業の上席幹部として長年の経験を持ち、レーザーテックのCEOに親しい人物"

"「はい、現時点ではTSMCはレーザーテックについて決して満足していません。生産性に関してです。レーザーテック製の装置は非常に高額だけれど、そのわりに検査作業が遅い。」 — TSMCの元幹部で長年購買の責任者を務め、同社へレーザーテック製の検査装置の導入を担当した人物、現大学教員"

"「当社の競合他社が一旦購入しかけたけれど、あとになって『やっぱり要らない』と言ったから余っているようです。当社がA150を追加で買えば、大きく値下げして売ってもらえる、とのことでした。なんか、1500万〜3000万ドルと言っていたらしい」 — マーベル・テクノロジーの上席従業員"

"“...our biggest capital allocation mistake by yours truly” and “our biggest disappointment over the past decade.” — CEO Mitra, Q2 2025 call"

"I would say we've had a little more pushback than we've had in prior years, but nothing that's insurmountable. — CEO Gahlhoff, Q2 2023 Call"

"The Company incurred higher losses stemming from asserted claims associated with automobile accidents. — Rollins Earnings, October 26, 2022"

"“We generally depreciate engines on a straight-line basis over 15 years to a 55% residual value.” — Willis Lease Finance 10-K 2023, Pg. 25."

"“Growth does indeed drive multiples, but only when combined with a healthy return on invested capital.” — Tim Koller et. al, McKinsey & Co."

"“...increasingly large order sizes from its customers, accounting for a majority of XL Fleet revenues since inception.” — XL Fleet rebuttal"

""Right now, the retailers, they're doing better in this round of the fight," — Warren Buffett, investor and board member of Kraft Heinz Co."

"If they don't initiate something more aggressive now, they will find themselves becoming a largely irrelevant company. — Anonymous Investor"

"Mr. Lamphere's guiding principle for management on the subject of safety is as follows: Ignore safety and you are fired. — Gilbert Lamphere"

"analyses in this presentation are preliminary and may be subject to change. — Soleno Therapeutics (from conference presentation disclaimer)"

"“this was no surprise to anyone.” — Senior pharmaceutical executive/scientist, previously at Abbott and now at another major pharma company"

"“I don't have any more patients. I've tried it on everybody.” — Ex-Harmony territory manager for a large southeast region across two states"

"I would say, realistically, 95% of my leads came from the relationships I built: ... It is all based on housing. — Former Account Executive"

"WeiChai even deemed the announcement as “routine business”, not material enough to warrant an announcement on the Hong Kong stock exchange."

"Analysts acknowledge that change is needed to unlock value from midstream and view a spin (or sale) as the most viable pathway to do this."

"We continue to believe that the opportunity for productivity improvements and margin expansion at Mondelez is significant even beyond 2018"

"Based on our research, Spruce Point believes there is a disconnect between Genius’ guidance / Wall Street’s consensus compared to reality."

"We believe Avery has grown so dependent on restructuring charges to perpetuate growth, that it has pivoted towards accounting manipulation"

"We find a cumulative delta of approximately $320m, which corresponds approximately with the amount of debt increased on the balance sheet."

"Time To Exercise The Clawback Provision? Why The Board's Lack of Financial Sophistication Is Enabling Insiders To Reap Unjust Compensation"

"Based on our research, GFL paid $84m. We estimate Bestway had $30m of sales, and GFL paid a hefty 2.8x / 10x multiple of sales and EBITDA."

"Shareholders need to be satisfied that the peer group is appropriate and not cherry-picked for the purpose of justifying or inflating pay."

"We will show why we believe Unifinance doesn't exist, and VCM Group is nothing more than a 1 person enterprise that has suddenly vanished."

"Two years later, on April 11, 2007, TLW Land & Cattle assigns working interest in those mineral rights to both SandRidge and WCT Resources"

"With Ally to provide up to $1.25B in bulk financing capacity in FY19, Sonoran will exceed 50% of Carvana’s total funding capacity in FY19."

"It is perplexing that both growth and margins can be down so much – despite better end markets and significant reinvestment opportunities."

"Ultimate Software has spent only ~$590m on R&D cumulatively since 2011 while building and maintaining a world-class enterprise HCM product"