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Slide 1
The design mimics an energy drink can, playing on the target company's brand identity.Monster Beverage Corp. (MNST) · Ben Axler
Activist deck Short seller Beat · The Monster2 hits
07
The slide uses a list of bullet points to detail specific 'Recent Bearish And Concerning Developments' from 2021 to 2025.Monster Beverage Corp. (MNST) · Ben Axler
Activist deck Short seller Beat · The Struggle2 hits
10
The slide uses testimonials to support the thesis that the company will shrink its user base to maintain premium service levels.Clear Secure, Inc. (YOU) · Spruce Point Capital Management
Activist deck Short seller Beat · CLEAR's business model and financials are scrutinizedLoop · Aha Moment2 hits
15
Uses a quote from a former senior TSA employee to highlight the regulatory barrier.Clear Secure, Inc. (YOU) · Spruce Point Capital Management
Activist deck Short seller Beat · CLEAR's business model and financials are scrutinizedLoop · Aha Moment2 hits
31
The slide uses highlighted text to emphasize critical points regarding contract renewal and partnership tension.Clear Secure, Inc. (YOU) · Spruce Point Capital Management
Activist deck Short seller Beat · Spruce Point presents its thesis and evidence2 hits
34
The slide uses yellow highlighting to emphasize key arguments within the quote.Clear Secure, Inc. (YOU) · Spruce Point Capital Management
Activist deck Short seller Beat · Spruce Point presents its thesis and evidence2 hits
35
The slide uses color-coded highlighting within the quote to emphasize key points about the breakdown of the airline-CLEAR partnership.Clear Secure, Inc. (YOU) · Spruce Point Capital Management
Activist deck Short seller Beat · Spruce Point presents its thesis and evidence2 hits
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The slide uses yellow highlighting to emphasize key arguments within the quote.Clear Secure, Inc. (YOU) · Spruce Point Capital Management
Activist deck Short seller Beat · Spruce Point presents its thesis and evidence2 hits
42
Uses yellow highlighting to emphasize critical parts of the expert's critique.Clear Secure, Inc. (YOU) · Spruce Point Capital Management
Activist deck Short seller Beat · Spruce Point presents its thesis and evidenceLoop · Cost Of Inaction2 hits
43
Includes a red diagonal strike-through line across the top text block, likely indicating a focus on the contradiction between the two entities.Clear Secure, Inc. (YOU) · Spruce Point Capital Management
Activist deck Short seller Beat · Spruce Point presents its thesis and evidenceLoop · Cost Of Inaction2 hits
50
Includes a direct quote from a former employee highlighting infrastructure and throughput limitations.Clear Secure, Inc. (YOU) · Spruce Point Capital Management
Activist deck Short seller Beat · Spruce Point presents its thesis and evidenceLoop · Cost Of Inaction2 hits
52
The slide uses a direct interview quote to highlight a regulatory/procurement hurdle for the company's product.Clear Secure, Inc. (YOU) · Spruce Point Capital Management
Activist deck Short seller 2 hits
73
The slide uses yellow highlighting to emphasize critical claims about organizational instability and lack of long-term leadership.Clear Secure, Inc. (YOU) · Spruce Point Capital Management
Activist deck Short seller 2 hits
08
The slide uses a narrative-heavy approach to expose potential fraud or financial engineering in corporate partnerships.Tempus AI, Inc. (TEM) · Spruce Point Capital Management
Activist deck Short seller Beat · Solution & Approach2 hits
09
The slide uses a red border to emphasize the critical nature of the content.Tempus AI, Inc. (TEM) · Spruce Point Capital Management
Activist deck Short seller Beat · Solution & Approach2 hits
11
The slide uses a yellow background box to highlight the core thesis of the activist short report.Tempus AI, Inc. (TEM) · Spruce Point Capital Management
Activist deck Short seller Beat · Solution & Approach2 hits
16
Uses direct quotes to highlight the CEO's promotional rhetoric.Tempus AI, Inc. (TEM) · Spruce Point Capital Management
Activist deck Short seller Beat · Evidence & ProofLoop · Pattern Hunter2 hits
33
Uses a 'smell test' argument to frame the financial provision as suspicious.Tempus AI, Inc. (TEM) · Spruce Point Capital Management
Activist deck Short seller Beat · Evidence & ProofLoop · Iceberg2 hits
06
The slide uses a yellow background to highlight the core thesis text block.Limbach Holdings, Inc. (LMB) · Spruce Point Capital Management
Research note Short seller Beat · Problem & Complication2 hits
15
The slide uses a yellow background to highlight critical negative findings about specific individuals.Limbach Holdings, Inc. (LMB) · Spruce Point Capital Management
Research note Short seller Beat · Problem & Complication2 hits
52
The slide uses a table to contrast the limited metrics provided against the lack of granular detail.Limbach Holdings, Inc. (LMB) · Spruce Point Capital Management
Research note Short seller Beat · Preempt Rebuttal2 hits
53
Includes a red-line emphasis on a specific risk disclosure from the company's 10-Q.Limbach Holdings, Inc. (LMB) · Spruce Point Capital Management
Research note Short seller Beat · Preempt Rebuttal2 hits
65
The slide uses a comparison of 2021 vs 2020 incentive targets to expose a governance concern.Limbach Holdings, Inc. (LMB) · Spruce Point Capital Management
Research note Short seller Beat · Thesis Headline2 hits
06
The slide serves as a cover/introductory summary for an activist short report.iRhythm Technologies, Inc. (IRTC) · Spruce Point Capital Management
Activist deck Short seller Beat · Villain Critique2 hits
09
Includes a direct excerpt from a government petition to support the claim of an investigation into executive knowledge.iRhythm Technologies, Inc. (IRTC) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · The Reveal2 hits
12
The slide is structured as two distinct sections: one on business headwinds and one on management credibility.iRhythm Technologies, Inc. (IRTC) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · The Reveal2 hits
19
Uses direct excerpts from an FDA Warning Letter to substantiate claims of regulatory non-compliance.iRhythm Technologies, Inc. (IRTC) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionLoop · The Reveal2 hits
22
Uses a specific employee testimonial to validate the activist's thesis regarding product development issues.iRhythm Technologies, Inc. (IRTC) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose Contradiction2 hits
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Uses legal excerpts to build a narrative of corporate malfeasance.iRhythm Technologies, Inc. (IRTC) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose Contradiction2 hits
24
The slide uses a 'before-after' or 'claim-vs-reality' structure to expose a contradiction in management's public statements.iRhythm Technologies, Inc. (IRTC) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose Contradiction2 hits