Callouts & quotes from 37,061+ activist slides

"DWAC has forecast Truth Social users to grow to 81m by 2026 based solely on a 2021 Morning Consult/Politico poll of registered voters."

"Refining and midstream have contrasting risk/return propositions, with weak capital returns vs. refiners and poor growth vs. midstream"

"PSH's discount to NAV narrowed meaningfully in anticipation of the PSUS IPO and potential associated reduction in PSH performance fees"

"Limbach no longer references that it is “Gathering momentum in energy efficiency” as part of its growth outlook in Investment Summary."

"Using the same net realized gains computations as above, BUR's sky-high ROICs fall back to 19% over that seven-and-a-half-year period."

"The technician stated the company didn’t even have a protocol for needlesticks, as an indication of the overall level of recklessness."

"However, since the sale of INVISTA, DuPont's EPS growth and TSR have been meager relative to diversified industrial and chemical peers"

"It is our belief that the value of BEF Foods may approach $1.2 billion, which would exceed the enterprise value of the entire Company."

"We believe there are highly-compelling industrial reasons to pursue a separation of the Bob Evans Restaurants and BEF Foods businesses"

"As underlying sales trends continue to improve, QSR’s share price should more accurately reflect our view of its business fundamentals"

"Expressed extreme concern about pulmonary edema and cardiac failure, based on extensive experience using diazoxide for hyperinsulinism"

"Assuming the spin-off of the remaining >80% interest in TIP REIT occurs in 2010, the Revised Transaction offers many pros and few cons"

"Unfortunately for Harmony, every single physician we interviewed indicated there is no value proposition to Wakix being non-controlled"

"The literature on the toxicity and pharmacokinetic difficulties of both imidazole and non-imidazole-based H3R candidates is extensive."

"Unfortunately for Harmony, every single physician we interviewed indicated there is no value proposition to Wakix being non-controlled"

"Taubman was the only mall REIT among peers to neither reduce its all-cash dividend nor pay a stock dividend during the Great Recession"

"Bren built his fortune developing The Irvine Ranch MPC over the last 40 years successfully navigating boom and bust real estate cycles"

"Franklin’s intense focus on value-creating capital allocation has driven significant share price appreciation across several companies"

"As you can see below, RILY's debtors almost uniformly live in the right tail (distressed) end of their industry default distributions."

"The actions of Southwest’s Board and management team since we published our views have only solidified the case for leadership change."

"Recovering from food safety issues beginning in the fourth quarter of 2015 which caused a peak decline in average unit sales of 36%(1)"

"Despite recent events, we believe that all of the key drivers of Chipotle’s powerful economic moat and long-term success remain intact"

"Because New Vision is a related party, we do not believe that these revenues to Flexopt actually represent true economic transactions."

"Despite recent events, we believe that all of the key drivers of Chipotle’s powerful economic moat and long-term success remain intact"

"We believe CMG’s winning value proposition is that it successfully competes in all the desirable attributes of out-of-home fast eating"

"YOU SHOULD DO YOUR OWN RESEARCH AND DUE DILIGENCE BEFORE MAKING ANY INVESTMENT DECISION WITH RESPECT TO THE SECURITIES COVERED HEREIN."

"On their landing page, FreeCash.com prominently shows a Trustpilot rating of 5 stars, based on an unbelievable almost 250,000 reviews."

"The reality is that while electric vehicles can contain some very high levels of technology, ADOMANI’s tech is far less sophisticated."

"Our reservation requests did not outright request criminal activities but were engineered to trigger every standard trafficking alert."

"Reviews spanning a five-year period suggest that Fairmont Dubai failed to address reports of sex workers operating in one of its bars."

"While management is making progress with their plan to increase margins to 17-18% by 2018, we believe optimized margins are far higher"

"We also observe that client churn and downgrades are detracting more from revenue growth than has been gained from new client revenue."

"Does this make sense? How can it be that the Company is doing poorly operationally but management as individuals are each doing great?"

"the second that KLA launches its actinic EUV tool and creates a competing option, Lasertec as a Japanese supplier is in major trouble."

"Close ups of mechanical and/or HVAC structures inside Fab 4A look like those in a ghost town gathering dust and spider webs for years."

"Two former senior executives of Emblaze hold senior roles at NNOX, strongly suggesting that Reifman has significant influence at NNOX."

"“restructuring will reduce spending in DOC...but not in the Company’s Intellectual Property business.” — March 21, 2013 Press Release."

"Transparency is everything. Tell us as well what's going on with respect to the analysis that Mr. Müller has undertaken. — Mr. Tüngler"

"“complete bullshit”; “completely outrageous,”; “bottom line ridiculous”; and stated they may be relevant “in 50 years.” — Ex-employees"

"a deeper level of personalized insights to help middle and high school students prepare best for their future — PowerSchool management"

"But while "historic highs" are defined on 3-year rolling, management does not mention 3-year rolling in evaluating current performance"

"tenure of more than nine years (can) ... potentially compromise a director's independence — Institutional Shareholder Services ("ISS")"

"IP is for the public good. The developed IP will be open-sourced. It will be used royalty free but not exclusively. — C3.ai Prospectus"

"Trian's analysis relies on a 2011 EPS of $4.32 that is not reported in DuPont's public filings... — DuPont presentation, February 2015"

"“I want everyone to understand that the most important thing in this business is to get to Supervisor.” — Shawn Dahl (Chairman’s Club)"

"Pro forma statements or disclaimers may not cure otherwise deceptive messages or practices. — FTC Policy Statement on Deception (1983)"

"Kudos to your practice for putting together such a detailed summary of this unexpected and devastating complication. — Dr. Suber Huang"

"MUJER 2: Cuando renuncié, pienso que probablemente estaba cerca de tener una crisis nerviosa, en serio. — Former Herbalife Distributor"

"One, elimination of compensation for Welltower management and making them owners through performance-oriented Welltower stock. — Mitra"

"“...our revenue from one-on-one in Guangzhou was around 10%, 9% in Q1 and 11% in Q2, of the overall one-on-one revenue” — CFO Rong Luo"

"“They were not determined not to be a pyramid. That would be inaccurate... I do not endorse [Icahn’s] statement.” – Chairwoman Ramirez"

"Ku'damm: the first of the 3 buildings (ca 22,000 out of ca 62,000 sqm) is in use per Q3 2020 and is 100% let. — Vivion Business Update"

"“I'm fairly well read, but there's definitely some things that you brought up that is new information for me” — PWS endocrinologist #9"

"No reasonably possible change in key assumptions would result in goodwill impairment — Lightspeed Commerce, Inc. FY 2021 Annual Report"

"obstacles in developing these agents are emphasized — 2019 paper by a longtime collaborator of Bioprojet's head, Jean-Charles Schwartz"

"Our strong business performance has driven total shareholder returns that have outperformed our peers. — Autodesk Board and Management"

"“They were not determined not to be a pyramid. That would be inaccurate... I do not endorse [Icahn’s] statement.” – Chairwoman Ramirez"

"We'd like to take four king rooms. Furthermore, is there a possibility for a discount because of the duration of the stay? — Requester"

"For the five years prior to Starboard’s 13D, Office Depot’s stock declined by 87%, compared to the 75% increase since our 13D filing."

"We believe it is clear that the Board approved the $500 million Preferred Financing to “buy the vote” and dilute common stockholders."