Callouts & quotes from 526+ activist slides

"That the study's results were a sham appears to be an open secret in the SCS field."

"Disney’s Plan for Value Creation Appears to Lack Commitments, Guidance, and Clarity"

"It appears that ADI has too much overhead and excess capacity at the current time."

"On any metric, it appears AOL's Display business is substantially underperforming."

"On any metric, it appears AOL's Display business is substantially underperforming."

"At this point, Vivendi appears to be more of a liability than an asset for TIM..."

"Stryker appears to be working sell-side analysts to keep the equity story afloat."

"FTAI Appears to Move Inventory Back Into Leasing, Further Gaming Carrying Values."

"The website appears to be hosted by Ginkgo, stating “Powered by Ginkgo Bioworks.”"

"Stopped explaining DSO change and contract asset revenue errors/revision appears"

"Olam’s core trading business appears to be scaled well beyond what it should be."

"TSMC appears to be covering up problems with Lasertec tool in order to save face"

"It Appears HTA’s Board Shows Signs Of A Cabal of Rubber-Stamping CEO Loyalists."

"Currently, it appears that only 3 of 10 Profitect executives remain with Zebra."

"It appears the CFO and social media manager failed to coordinate their stories."

"It appears to us that Ströer’s organic growth claims have no basis in reality."

"SBAC's portfolio appears to be growing materially faster than both CCI and AMT"

"It appears Akamai lost Microsoft as a customer for this platform... to Edgio."

"It appears that there may have been prior strategic interest in Bristol-Myers"

"This supports our opinion that Amcor appears to be facing a liquidity crunch."

"A common theme of these SEC investigations appears to be impairment charges."

"On this basis, the principal loss to AGO appears to be about $2.8 billion."

"We Believe Skechers Appears Poised To Suffer Yet Another Inventory Issue"

"Casino's response appears to be an attempt to further mislead investors."

"Management appears to be exaggerating the potential costs of unification"

"Chart appears to show cycle life to 110 charges and discharges at -10 C"

"All told, in an expensive market, this appears to be a cheap stock."

"FTAI Appears to Have Stuffed the Channel to Inflate YE 2023 Numbers"

"It appears to be a failing product line quietly being disregarded."

"Soleno commercialization effort appears to be missing in action"

"In fact, it appears that WTRG has ignored this recommendation."

"none of which Lasertec is capable of or appears to have done."

"It appears that Xylem’s pricing was not able to offset cost"

"It appears demand for new printers has dramatically slowed."

"World-Class Silver Project Suddenly Appears — Advertisement"

"Talk is cheap, but that appears to be all INOD can afford."

"Allied appears to be openly flaunting SEC requirements."

"The Company appears to have missed the mark on GLP-1s."

"This appears to be APP attempting to cover its tracks."

"The Company appears to have missed the mark on GLP-1s."

"XL'S CLAIMED CUSTOMER BASE APPEARS GROSSLY OVERSTATED"

"Dropbox appears very rich on free cash flow basis."

"Leverage is significantly higher than it appears"

"Leverage is significantly higher than it appears"

"It appears to not be an isolated issue."

"Regulatory action appears forthcoming"