Callouts & quotes from 26,677+ activist slides

"it will be a few more months before the stock gets crushed from what appears to be an inevitable tsunami of selling from insiders."

"Хотел бы уточнить о возможности размещения четырех детей из ДНР и ЛНР в вашем отеле 22-27 марта 2026 г. для размещения их в семьи."

"In conclusion, we see a dishonest management team that will soon fail under the pressure of its own lies and worsening financials."

"We believe the upside in APD remains significant as the Company continues its transformation under a great CEO and management team"

"This result is truly staggering! The PhenoTest provided proper results in a mere 58% of cases, a bit better than a flip of a coin."

"We understand that a more aggressive investment strategy may pressure short-term earnings on the path to creating long-term value."

"The loan appears to be non-performing, a disturbingly frequent occurrence among TeliaSonera’s counterparties in Eurasia and Nepal."

"In light of these actions, we have withdrawn our nomination and are providing the Company time to execute on its new commitments."

"Examples of more than $0.5M in incremental sales following the adoption of the Vets First Choice prescription management platform"

"We believe the Board needs to actively hold management accountable for earning appropriate returns on R&D and M&A moving forward."

"Despite positive progress, Platform trades at discount to its publicly traded segment peers and private-market transaction values"

"In exchange for the quoted prices on Genius' contract invoices, Genius receives the rights to data and statistics for the league."

"While listing many marque leagues, we have found evidence to have us believe these partners do not pay any cash revenue to Genius"

"New Oriental Education & Technology Group Inc. ("EDU") is lying to shareholders about its store growth and financial performance."

"Incumbent Board also failed to plan for succession, leaving Campbell without a permanent CEO at a crucial juncture in its history"

"While RFID margin percentage may remain stable, topline pricing pressure will reduce the absolute level of Avery's profitability."

"We believe, based on our rigorous investigation, that GFL's financial objectives are highly likely to fall short of expectations."

"We believe that the potential for value creation of the portfolio continues to be substantial relative to the market price of HHC"

"The EIA additions are a much tighter fit – we think the balance sheet approach invalidates Sunrun's (non-GAAP) Subscriber numbers"

"In the face of deteriorating financial performance, CEO Bob Jordan claims that performance is “great” and that he is “very proud”"

"Spruce Point finds is it concerning that the auditor change came shortly after the acquisition of Pramac closed on March 1, 2016."

"Despite generating higher sales per square foot than OfficeMax, Office Depot’s operating margins are less than half of OfficeMax."

"The presence of non-independent directors on key committees may diminish a committee’s ability to oversee management objectively."

"It appears as at least one of AMT’s three purchases in Africa could be a lending transaction, based on intangible assets to PP&E."

"We believe Procept will fail to meet revenue growth, and thus profitability expectations and faces long-term existential threats."

"We believe that the potential for value creation of the portfolio continues to be substantial relative to the market price of HHC"

"XPO uses aggressive financial presentation methods to bolster its cash flow and leverage by including proceeds from assets sales."

"ADP's long-term EPS algorithm should drive modest margin expansion over time but will continue to leave ADP competitively exposed"

"These "synergies" are overstated and could largely be recreated through commercial contracting or industry-standard arrangements."

"These "synergies" are overstated and could largely be recreated through commercial contracting or industry-standard arrangements."

"These “synergies” are overstated and could largely be recreated through commercial contracting or industry-standard arrangements."

"The distribution, listing and trading of SPARs require SEC approval of SPARC’s registration statement and a new NYSE listing rule"

"Taking these issues into consideration, and discounting Mercury's multiple to the industry average, we estimate 50%-60% downside."

"Adjusting for differences in owned real estate and franchised stores highlights Darden's dramatic underperformance versus Brinker"

"There is a substantial opportunity to align GM incentives, which we believe will result in improved operations and value creation"

"By focusing on the guest experience, Olive Garden was able to increase both guest satisfaction and average check at the same time"

"FMCN attempted to pull a Jedi mind trick by referring to the roughly 30,500 cardboard posters as “LCD 1.0 picture frame devices.”"

"His CV states he is on 10 other boards, and his UMD site suggests that he oversees ~30 post-docs, grad students, and researchers."

"After years of receiving unrestricted stock, Hess's current Board members have similar upside to Shareholder Nominee compensation"

"In addition, we estimate that there are ~$3 trillion of privately owned targets in the pharmaceutical and medical device industry"

"Our slate of nominees looks forward to detailing its ideas, suggestions and vision for Elanco as the Annual Meeting draws closer."

"Transparent attempt to rewrite history and exclude underperforming businesses in order to fit its narrative. CHANGE IS NECESSARY!"

"There is a substantial opportunity to align GM incentives, which we believe will result in improved operations and value creation"

"Adjusting for differences in owned real estate and franchised stores highlights Darden's dramatic underperformance versus Brinker"

"By focusing on the guest experience, Olive Garden was able to increase both guest satisfaction and average check at the same time"

"In the face of deteriorating financial performance, CEO Bob Jordan claims that performance is “great” and that he is “very proud”"

"CSS PL 2023-1 has never filed a UCC-3 termination statement, which should mean the original security interest was never released."

"EPS product mix – more fastener and casting sales, fewer forgings – actually suggests margins should be higher not lower than PCC"

"Valeant has earned a >20% unleveraged return on the $20bn+ it has invested in acquisitions since 2008 (excluding tax benefits)(1)"

"By stepping-up the value of the inventory, AMR then claims a fair value adjustment to lower its reported cost of coal production."

"Two reps must be present for business to be conducted and unanimous approval of both parities is needed for decisions to be taken"

"FNMA and FMCC share prices have decreased 3% and 1%, respectively, from our average cost at announcement date to January 19, 2018"

"Since Shirley Singleton became CEO in January 2002, Edgewater has massively underperformed its North American IT Consulting peers"

"We are particularly troubled by the July 3rd resignations of both Mark Rubash (former Audit Committee Chair) and Ralph Snyderman."

"NMC unjustifiably in our view understated its FY 2018 debt by at least approximately $320 million, and likely continues to do so."

"Guangzhou Zongrui is most interesting because of the additional evidence it provides that ANTA controls many Tier 1 distributors."

"Dropbox is a melting ice cube, and management's last-ditch turnaround attempt is poised to disappoint lofty analyst expectations."

"We believe Mr. Sood’s expertise is not relevant and PwC should assign an audit partner with specialty finance/leasing experience."

"All of the PR and stock pumping in the world won't make a difference unless SKLZ can reverse its installations trend immediately."

"ANTA’s statement through analysts that it never claimed to own all Fila stores is an attempt to rewrite history, and it is a lie."