Recent content by Slpy3270

Already Twitter is full of conspiracy theories that the vote was rigged because they can't fathom why shareholders would vote for the status quo. Here's the thing: shareholders don't like the status quo (given the current stock price drop), but they really don't like the "change" the opposition...

I think investors were thinking this would be a close race given how Peltz's runs on P&G (which he won) and DuPont (which he lost) were very close. This was a landslide loss by activist standards.

No shocker given how hedge funds were betting a Peltz victory. The stock hitting multiple 52-week highs made no sense to me.

He could've had a chance if he didn't start complaining about all-black and all-female casts in Marvel movies. All that did was make him out as an angry grandpa nostalgic for the 50s.

Peltz's problem was that he couldn't keep his mouth shut when it mattered.

TFW people don't know how investor meetings work.

Per NYT Trian got 31% of the vote. Pretty large.

I mean, he did come from there.

Trian crowd packs it up.

Florida billionaire stays in Florida. Yay.

I could tell these idiots voted for Peltz.

Should note that as of now, Reuters has not retracted their report last night declaring Iger victorious. That Trian hasn't responded yet is telling.

Iger plans to do a CNBC interview later today, per David Faber this morning. Take a guess what that means...