Callouts & quotes from 553+ activist slides

"TIME TO NIX MANAGEMENT / STRONG SELL OPINION / Prestige Consumer Healthcare, Inc. | NYSE: PBH"

"The large oil frackers have spent $80 billion more than they have received from selling oil."

"Our Research and Sell-Side Show that DLO's Pricing is Comparable to that of its Competitors"

"If the sovereign debt trades to a negative yield, it would be wise to sell it to hold cash."

"ROVI is selling investors HOPE its new strategy will work despite limited tangible evidence"

"Spruce Point Believes Maxar Technologies (MAXR) Is A "Strong Sell" With 100% Downside Risk"

"That means that RUN would be a company that can sell its product, but it cannot get paid."

"Management appears to have no problem leading the sell-side on, even if not explicitly."

"It can't build, it can't sell and it can't generate value to cover its operating costs"

"The sell side does not yet appreciate the consequences of emerging competitive threats"

"The sell side does not yet appreciate the consequences of emerging competitive threats"

"Spruce Point Believes Dollarama (TSX: DOL) Is A “Strong Sell” With ~40% Downside Risk"

"Spruce Point believes current sell-side analyst price targets are wildly optimistic."

"ELEVATED MULTIPLES AND STRONG STRATEGIC DEMAND MAKE NOW A GOOD TIME TO SELL ASSETS"

"This strongly suggests that it is sitting on significant inventory it cannot sell."

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

"Insiders were selling stock at prices as low as $0.10 before the recent run up."

"Twist has to resort to purchasing these components and merely being a reseller."

"A Retail Bubble Stock While Insiders Furiously Selling: 25% – 50% Downside Risk"

"Herbalife is in the business of selling dreams, not weight-management products."

"Herbalife is in the business of selling dreams, not weight-management products."

"Vertiv sells into some of the most attractive areas of the data center market."

"Cash Never Generated From Collection of Receivables or Sell Down of Inventory"

"To be successful, Distributors need to recruit and sell to other Distributors"

"We believe low revenue per merchant reduces the opportunity for cross-selling"

"We’re valuing a cheap vehicle importer/reseller at 1x revenues plus net cash."

"JCP sells a wide assortment of both exclusive and national brand merchandise"

"CEO Cole willing to start selling stock at $0.10 cents and $1.20 per share"

"Insiders appear to sell at almost every significant uptick in PEN shares."

"Sell side analysts are also concerned about capital allocation decisions"

"We conclude that NNOX has no real product to sell other than its stock."

"“THE UGLY ELF” / STRONG SELL OPINION / E.L.F. Beauty Inc. | NYSE: ELF"

"Did PGNY embellish the member additions in the 2022 selling season?"

"Lion Electric Company sells the most EV school buses in California."

"Management's is characterizing a flat selling season as a "record""

"“Sucking Wind” / STRONG SELL OPINION / Penumbra, Inc. | NYSE:PEN"

"Insiders Keep Selling, So Should You: 50% Downside Risk Remains"

"Goodyear has been “orphaned” with minimal sell-side coverage..."

"Distributors must re-sell here to capture the 25% Retail Profit"

"The Irvine Ranch is a private company and Bren will never sell"

"Sellside only estimates $13bn of sales from its acquisitions"

"Distributors must re-sell here to capture full Retail Profit"

"Sellside only estimates $13bn of sales from its acquisitions"

"Niteworks Sells for a 48% Discount to Adjusted SRP on eBay"

"Formula 1 Sells for a 34% Discount to Adjusted SRP on eBay"

"Dividend cut has caused forced selling by yield investors"

"If I were Waleed’s people, I’d be selling stock like mad"

"CEO Radno was the largest seller at almost 400K shares."

"SOUR ON AN OAT-LIER INVESTMENT / STRONG SELL OPINION /"

"Our recommendation is straightforward: sell Welltower."

"Huge Earnout That Sellers Win For Not Hitting Targets"

"The following acts belong to the pyramid selling:"

"The rational response is to sell, in our view."

"Selling 3X faster than next closest competitor"

"Link to resellers: "Compare online prices...""

"No.1 Hit in JAPAN! Best Selling Puzzle RPG"

"Electro Optic Systems Sells EM Solutions"

"Electro Optic Systems Sells EM Solutions"

"DIAGNOSING PROGNY AS A STRONG SELL"

"Sellers report very few sales."