Callouts & quotes from 26,677+ activist slides

"Isteq appears to be a subsidiary of Russia-based RnD-ISAN, per cached version of www.rnd-isan.ru"

"HLF continues to point to “changes to the business model” as the reason for a “temporary reset”"

"Therefore, we believe, recognizing VIK as revenue, and its benefits to growth, is disingenuous."

"We estimate Tulco and FIGS' founders have sold nearly $1.5 billion in stock since October 2020."

"WTRG’s Dividend Policy Is Nonsense And Appears To Be Funded By Peter To Pay Both Peter And Paul"

"Spruce Point doesn't believe Generac's margin goals for its clean energy business are credible."

"Two months later, on January 20, 2011, WCT Resources flipped those specific leases to SandRidge"

"Prior to the Company's recent financings, Box's capitalization was in-line with its Peer Group."

"Sustainably improve Box’s revenue growth through improvements to the go-to-market organization."

"This represents a weak risk/reward proposition to current and prospective Carvana shareholders."

"Material IT-related costs which may not scale well with the business are hidden in “Other” SG&A"

"This structure is highly opaque, and in our view, unnecessary for legitimate business purposes."

"Sino-Forest raises capital in increasingly larger amounts, which is effectively a Ponzi scheme."

"Retail is worth more as a part of Agrium and receives approximately a 9x multiple within Agrium"

"Klein: If you can't or won't state the date of the application for appointment by the court ..."

"Small regional competitors are stealing share and growing at 30%+ in ADP’s most dominant market"

"An alternate comparable group(1) similarly illustrates a significant opportunity for efficiency"

"Continued operational mismanagement and poor messaging have caused investors to lose confidence"

"We feel there is a directed effort to ignore Engine, one of the Company's largest shareholders."

"What more evidence do you need that Mercury has deficiencies in this area and costs are rising?"

"Just as with the ANTA Ruidong online store above, ANTA does not own this online sales platform."

"Olive Garden’s Yelp ratings emphasize that a renewed vision is desperately needed for the brand"

"We believe that News Corp’s other businesses are significantly undervalued in the market today."

"We believe that News Corp’s other businesses are significantly undervalued in the market today."

"Even when adjusted for scale, Fortrea’s adjusted EBITDA margins are well below the peer median."

"A Pump and Dump SPAC Scam By Silicon Valley Celebrities, That Makes Theranos Look Like Amateurs"

"In an absolute worst-case scenario, a Mosten trial victory becomes a death spiral for Manulife."

"the landmark milestone is now missing from IonQ’s timeline which bizarrely starts only in 2021."

"IonQ’s computers are trivial compared to a cell phone and can’t be used for any meaningful work"

"The fact of the matter is nobody is empowered to make a decision except for Peter and Jungsang."

"Hess operates in 3x as many countries. Hess has significant operations in 4x as many countries."

"We believe the amended transaction will result in long-term value creation for RBA shareholders"

"Luxor, which appears to be masquerading as an activist, seems to be misaligned and misinformed."

"Valeant's capital allocation strategy reflects management's focus on creating shareholder value"

"Valeant's adjusted tax rate is a more accurate measure of the company's annual cash tax expense"

"For that one illustrative field, this is a 50% increase in the number of rows of module tables."

"The Board has failed to install executive compensation practices that properly align incentives"

"Building 500 looks to be the only one that has no issues, it's almost 100% leased to Jones Day."

"Co-incidentally Invenergy is a company into which another arm of Blackstone has invested ~$4bn."

"Our independent director candidates stand for improved governance, oversight and accountability"

"Olive Garden’s Yelp ratings emphasize that a renewed vision is desperately needed for the brand"

"So, at current strip prices, Pioneer’s drilling program continues to destroy shareholder value."

"however, we believe these targets are not attainable and are modelling much lower growth rates."

"Spruce Point believes that leaving Premier's GPO immediately could be the best option for GNYHA"

"Before the market turned, GGP was exploring a billion dollar redevelopment of South St. Seaport"

"To date, PSH has repurchased 5.5M shares at a 20.1% discount to NAV at a cost of $77.2 million."

"The Dye & Durham Value Creation Plan Is Full of Inaccuracies Designed to Misinform Shareholders"

"We believe these blended plant milks will add additional competitive pressures to the category."

"Even when adjusted for scale, Fortrea’s adjusted EBITDA margins are well below the peer median."

"Twist’s TAM is like a treadmill where one has to keep running faster to stay in the same place."

"Customers returning to Genscript after trying Twist suggest its antibody offering is a disaster"

"Margins have deteriorated as noninterest expense has grown rapidly against stagnant fee revenue"

"Despite a commitment to “investments”, Management does not appear equally committed to “growth”"

"A partial solution at best to address growing importance of local and slowness of matrix model."

"Market share losses in each of P&G’s 7 largest categories (marked with *) over the past 5 years"

"In Feb. 2012, P&G announced a $10bn cost reduction plan to be completed fully by FYE June 2016."

"Using conservative assumptions, our plan is forecast to deliver a $420 share price by month 36."

"The Company is underreporting and misallocating share based compensation at the parent company."

"TMC failed to disclose to investors its pre-existing relationship with TOML dated back to 2013."

"In our opinion, the necessary intervention is now to remove the CEO from all management duties."