Callouts & quotes from 26,677+ activist slides

"These improvements drove an AUV increase from approximately $2.5 million to $4.0 million"

"The Public REIT valuation yields a total real estate value of approximately $2.6 billion"

"And the basis problem that is killing Pennsylvania prices is being solved by the market."

"SOFI is a financial engineering treadmill, not a healthily growing origination business."

"Remarkably little relevant industry expertise, numerous conflicts, questionable judgment"

"Gain leverage through either price and innovation. Use leverage to drive volume or price"

"Flattish sales in a flattish market suggests the Company has failed to gain market share"

"However, this analysis ignores one of Valeant’s most valuable assets, its Platform Value"

"Spruce Point questions how truly "independent" is AMR's Compensation Committee Chairman."

"Recent Share Price Improvement Indicates Investors Are Supportive of Engine’s Engagement"

"Finally marking down the value of the investments and reported a loss of $6M in YTD 2024"

"Twist “dug themselves in a hole by pushing low cost as their primary value proposition.”"

"In the last two years, COGS has steadily fallen as R&D has increased, both as % of sales"

"Over the past three months, REITs have been able to issue large amounts of low-cost debt"

"Overnight bank lending markets have stabilized and debt issuance is beginning to pick up"

"Current Consensus Revenue Estimates Assume "More Than" Perfection: 30%-50% Downside Risk"

"We believe ALEX's JV development projects are conservatively worth roughly ~$404 million"

"None of these industry experts could understand why NQ takes so long to receive payment."

"Following the acquisition of Redbox, every additional growth strategy has been a failure"

"The lack of confidence in the SEC's oversight ultimately undermines investor confidence."

"Now let's look at page 56 of the 10-Q (Table 2). See that same exposure of $6.5 billion."

"WD-40's days of inventory outstanding and cash conversion cycle are extremely elevated.."

"Bristol-Myers’ math is misleading and ascribes an artificially low value to the pipeline"

"Bristol-Myers is a strong company with enviable products and attractive growth prospects"

"Bristol-Myers is a strong company with enviable products and attractive growth prospects"

"Sterling’s role as an international reserve currency was displaced by the USD after WWII"

"Beiersdorf made the decision to replace existing management who were failing to deliver."

"We Believe Investors Underestimate Samsara’s Competition And Challenging Market Dynamics"

"Who is more likely to lead CP to its maximum potential (whatever that potential may be)?"

"Private-label securitization nearly vanished as subprime and Alt-A loans have diminished"

"If consumer demand were strong, why would Saputo need to boost its promotional activity?"

"Operating expense has INCREASED since spinoff despite multiple restructuring initiatives"

"ICMS Construction seems to essentially be a company on paper only that has no substance."

"Using conservative assumptions, GGP would be able to pay a 4.4% dividend yield by year 7"

"The state of Huishan's pre-IPO farms almost certainly did not permit world-class yields."

"We believe Mr. Ferrari’s professional and financial interconnects are highly concerning."

"For years, ALL directors had overlooked numerous concerning conflicts among its members."

"We doubt such sudden leadership turnover was the result of a thoughtful succession plan."

"The Company believed Textile Effects would enhance the value of its existing businesses."

"We believe that Huntsman can improve its Adjusted EBITDA by ~600bps on a run rate basis."

"AIM is perhaps the one asset that AOL may be able to exploit considerably going forward."

"Is This Why DV Recently Disclosed That It Has Experienced Billing Disputes With Clients?"

"TASK omits this chart which shows it as a "Major Contender" NOT a "Leader" as it claims."

"Emphasis that the business opportunity is the product over the actual insurance product."

"Is it because Herbalife has proprietary products for which there is limited competition?"

"Is it because Herbalife has proprietary products for which there is limited competition?"

"Under FTC Act § 5, representations of profit potential are clearly material to consumers"

"In my mind, this CIED cybersecurity issue is first and foremost, a patient safety issue."

"A decade of disappointment is more than enough for Phillips 66 (NYSE: PSX) shareholders."

"Lazard's recent share price is approximately 50% below its peak of ~$46 in February 2011"

"Asset managers have lower compensation ratios due to the operating leverage in the model"

"The customer review data from G2 suggests Mailchimp is one of the lowest-rated products."

"Overvaluation in Germany: Figure 6, Potsdamer Str. 180-182, 184 & 188-192 total: €288.1m"

"Content IQ's technology claims has not evolved, even prior to its acquisition by Perion."

"半導体製造装置分野のトップ5社（ASML、アプライドマテリアルズ、ラムリサーチ、東京エレクトロン、KLA）と比較した場合、レーザーテックの棚卸資産を正当なものとは到底思えない。"

"「よく見ることです。粗利益率を守りたいために、貸借対照表で在庫に対して引当金を設けなくて、減損処理を行わないこと。残念ながらこの分野ではよく見ることです。能動的な利益操作です」"

"レーザーテックのプレゼンテーション用の資料に掲載された写真にあるような、大型で明々とした照明のクリーンルームがほんとうにFab 4Aの中にあるのか。疑惑はふくらむばかりだった。"

"Poor clinical results leave CareDx open to significant regulatory and competitive risks."

"Shareholders and analysts alike have been frustrated by management's unsupported claims."

"We would note that the ATRI numbers are not exactly measuring what Aurora says they are."