Callouts & quotes from 26,677+ activist slides

"We are extremely motivated for reputational and economic reasons to create value for our investors"

"RILY’s total cash and investments, net of debt, fell by $950 million to -$350 million during 2022."

"Sinch should take a more proactive stance by terminating access for any users abusing its network."

"However, IIPR disclosed that over $4.5M has been put into tenant improvements as of December 2019."

"Investors appear to have given up on Southwest and believe today’s performance is the “new normal”"

"HLF stock declined ~26% from the closing price on the day of the FTC announcement through year-end"

"These dividends were not really paid out of free cash flows, they were funded primarily with debt."

"We believe a significant portion of FFAI’s financing has been either fake or seriously misleading."

"In hindsight, the opacity was a red flag: the hyped “go-to-market” CHP product never materialized."

"Наша гостиница использует товарный знак ibis и Accor, но юр. лицо гостиницы зарегистрировано в РФ."

"AXDX appears to understand this as well, downplaying the significance of Mayo-UCLA study outcomes:"

"50% cut in Adj. EPS, the most directly comparable metric of change in performance over this period"

"TSMC will not consider the A300 or A150 for production...they will only exist in the...mask house."

"This is a remarkably anti-consumer and anti-ABS investor provision buried deep in the fine print."

"QSR's share price including dividends increased 26% in 2019 and decreased 3% year-to-date in 2020"

"There are some internet forums where people don't mince words about what they think of CEO Fayer."

"Represents over $20 billion of lost value while the Company received a $40 billion+ COVID benefit"

"VRX’s share price has declined 93% from our average cost at announcement through January 20, 2017"

"The narrative of consistency is indoctrinated to investors by repetitive preaching by management."

"There's an opportunity to get invested in our stock when the June (2013) lock-up expiration comes"

"Spruce Point observes substantial modifiers tied to the analytically flawed Free Cash Flow metric"

"EBITDA margins have contracted by 530bps (pre-acquisition to 2022) and 1,130bps (Q1 2020 to 2022)"

"Recent revenue, same store sales, and operating margins continue to be the worst among OSS peers."

"The Compensation Committee is clearly not focused on aligning incentives with stockholder returns"

"Starboard reconstituted a majority of the Board with directors who guided a successful turnaround"

"We believe that only 10% of Lowe’s revenues face a high risk of competition from online retailers"

"The fiber business isn't a bad business. It's a great business. It's just not the tower business."

"We welcome the opportunity to engage with Phillips 66 shareholders on this remarkable opportunity"

"As a result, this is a potential lever being used by management to embellish operating cash flow."

"We believe the current financial situation at the Exchange is similar to the 2000 to 2002 period."

"Under Vivendi's control, the incentives would not be aligned between Bolloré and TIM shareholders"

"Despite insiders having sold $130 million of stock, more than $110 million was left on the table."

"A one-sided deal that benefits Tullow alone through a de-leveraging of its stressed balance sheet"

"Assuming flat product segment gross margins: FY20E EBITDA cut by 40% FY20E Adj. EBITDA cut by 35%"

"Assuming flat product segment gross margins: FY20E EBITDA cut by 40% FY20E Adj. EBITDA cut by 35%"

"Focus on the labor cost reduction opportunity and instill that mindset across the entire company."

"Darden could see a ~$30 million EBITDA improvement just from picking the right weeks to advertise"

"Even peers that already had a strong alcohol mix have been successful in increasing alcohol sales"

"In our opinion, the Manulife contract provides long-term interest rates with short-term duration."

"Despite ~60% Increase in Stable Earnings... ...0% Increase in Multiple vs. Merchant Refiner Peers"

"Publicly-traded REITs have historically traded in-line with Green Street's estimates of their NAV"

"We believe that a strong push into Europe by Dexcom would be expensive and yield limited returns."

"Elliott has never suggested liquidating the company. Public shareholders have seen this before..."

"Redstone Should Step Aside as Chair so That Viacom’s Stock can Get Rid of the Succession Overhang"

"Strategic Reassessment – Which Aspects of Viacom Might Make More Sense Under Different Ownership?"

"We believe the combination will deliver sizable benefits and accelerate management’s growth plans"

"The IAA Merger would severely erode RBA's business quality and lacks compelling industrial logic."

"Executive compensation plans should be designed to align interests of management and shareholders"

"St. Joe took a more aggressive approach to its land holdings by becoming an active land developer"

"Spruce Point believes that Tempus has a $250 million cookie jar to embellish its Adjusted EBITDA."

"The accrued cloud storage liability on the balance sheet declined YoY and QoQ by -20% in Q1 2025."

"Thus, as early as 1997, TRE engaged in an undisclosed related party transactions with Sonic Jita."

"A complex menu presents logistical challenges that both raise costs and harm the guest experience"

"Focus on the labor cost reduction opportunity and instill that mindset across the entire company."

"Even peers that already had a strong alcohol mix have been successful in increasing alcohol sales"

"Darden could see a ~$30 million EBITDA improvement just from picking the right weeks to advertise"

"In the last ten years it has spiked into the double digits. Today, it is near its lows around $2."

"When asked about this discrepancy, GMCR’s CFO refused to disclose Van Houtte’s operating expenses"

"Maxar should immediately cut or eliminate the dividend and direct capital towards debt reduction."

"Maxar should immediately cut or eliminate the dividend and direct capital towards debt reduction."