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  "documentTitle": "XPO Logistics, Inc. (XPO)",
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  "authorName": "Ben Axler",
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      "text": "In our opinion, we do not believe the market is accurately evaluating XPO's diluted share count.",
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      "text": "In our opinion, we do not believe the market is accurately evaluating XPO's diluted share count. We conducted a forensic review, and find that XPO has vastly reduced its disclosures about the potential impact of dilutive securities, an indication that XPO may not want investors to know. We believe XPO's Series A Convertible Preferred should be considered outstanding and dilutive considering its conversion price is $7.00 per share, significantly below the current trading price.",
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      "text": "Source: XPO Press Release Q1 2016",
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      "text": "Source: XPO 10-Q Q1 2017",
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      "text": "XPO Logistics, Inc. Consolidated Calculation of Diluted Weighted Shares Outstanding (Unaudited) 2016 vs 2015",
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      "text": "Fast Forward A Year....No Potential Impact (2017 vs 2016 earnings table)",
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      "text": "What's XPO's Real Share Count?",
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