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Long-Time Ligand Short Increases Position As Shares Fall 11% On Earnings
Tuesday, July 30, 2019 - 1:32pm | 393Ligand Pharmaceuticals Inc. (NASDAQ: LGND) shares are down 10.5% on Tuesday following the company’s earnings report, but one of the company’s most vocal critics and short sellers is leaning into its bearish trade. On Tuesday, Ligand short seller Lemelson Capital Management said the firm...
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Lemelson Capital Demands Geospace Replace Leadership, Explore Company Sale
Monday, February 12, 2018 - 3:57pm | 378Lemelson Capital Management challenged the board of Geospace Technologies Corporation (NASDAQ: GEOS) Friday to explore a company sale, replace its top two executives and correct allegedly erroneous regulatory filings. “CEO Rick Wheeler and CFO Tom McEntire have recently and knowingly allowed...
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Transcending Speculation: Fr. Emmanuel Lemelson Parses High-Level Market Strategies
Monday, April 17, 2017 - 3:36pm | 611Fr. Emmanuel Lemelson took the podium at the First Annual Stowe Conference for Charity and offered his expert wisdom, which combines his two professions: serving as a Greek Orthodox priest and hedge fund manager. While Lemelson did discuss some of his positions, including his short thesis on Domino...
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Fr. Emmanuel Lemelson Gives Deep Insight Into His Domino's Short
Monday, April 17, 2017 - 1:59pm | 473Fr. Emmanuel Lemelson splits his time between the Greek Orthodox community and hedge fund executives. One of Lemelson's more notable calls as of late is his short thesis in Domino's Pizza, Inc. (NYSE: DPZ), which he believes is overvalued by more than $100 per share. Speaking during a charitable...
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Drug Price Bubble A Result Of Decade-Long Economic Policy Issues
Tuesday, September 27, 2016 - 2:01pm | 325Hedge fund manager the Rev. Emmanuel Lemelson believes today’s drug pricing controversies have come about as a result of the economic policies that have been in place over the past decade. Lemelson believes drug prices are currently in a bubble just like any other economic bubble. “...
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Geospace Could Become A $65 Stock In 4 Years
Wednesday, May 11, 2016 - 3:52pm | 287Geospace Technologies Corporation (NASDAQ: GEOS) could become a $65 stock in the next four years, the Rev. Emmanuel Lemelson said on Benzinga's PreMarket Prep. Houston-based Geospace makes seismic equipment used in the exploration and production industry. Lemelson's Amvona Fund has been...
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EXCLUSIVE: Why Lemelson Is Still Short Netflix
Monday, February 8, 2016 - 3:52pm | 487Back in November, Rev. Emmanuel Lemelson of Lemelson Capital Management appeared on Fox Business, talking about the markets and interest rates. At one point, the hedge fund manager went into his short positions and explained that his fund was shorting Netflix, Inc. (NASDAQ: NFLX), arguing...
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Tilson Covers Short Position In Lumber Liquidators; Hedge Fund Manager Says Company 'Isn't Evil'
Tuesday, December 15, 2015 - 10:21am | 968Shares of Lumber Liquidators Holdings Inc (NYSE: LL) were surging higher by more than 25 percent early Tuesday morning. Investors and traders reacted to a report by short-seller Whitney Tilson who confirmed he covered his position in the company. Tilson noted he had received information that...
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Lemelson Capital Management: Profile In Wall Street Journal Was 'Extraordinarily Error-Laden' And A 'Directory Of Fallacies'
Wednesday, November 4, 2015 - 3:34pm | 2504Pictured above, Wall Street Journal reporter Rob Copeland with Rev. Emmanuel Lemelson. On October 28, The Wall Street Journal published an article detailing Rev. Emmanuel Lemelson and Lemelson Capital Management titled, "
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Lemelson: Skechers Still A Short After Losing A Third Of Its Share Value
Friday, October 23, 2015 - 10:22am | 343Shares of Skechers USA Inc (NYSE: SKX) plunged more than 30 percent after the company's third-quarter top and bottom line fell short of expectations. Rev. Emmanuel Lemelson, CIO of Lemelson Capital Management, told Benzinga on September 25 his fund is short the issue at an average (...
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Hedge Fund Manager: Why Would Anyone Sell Apple?
Thursday, August 13, 2015 - 1:56pm | 351Rev. Emmanuel Lemelson is a weekly guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Hedge Fund Manager and Lemelson Capital Management Chief Investment Officer Rev. Fr. Emmanuel Lemelson told Benzinga's #PreMarket Prep that Apple Inc. (NASDAQ...
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Fr. Lemelson Has Not Lost Faith In Apple, The 'Finest Run Company In Modern Economic History'
Thursday, August 13, 2015 - 11:54am | 411Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. The recent price action in Apple Inc. (NASDAQ: AAPL) has some investors skittish on the issue. After all, it did not react well to a better-than-expected Q3 earnings report, falling from it pre-...
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Roth Capital Analyst Squares Up Against Hedge Fund In Ligand Pharma
Wednesday, July 29, 2015 - 3:18pm | 522Correction: A previous version of this article stated Cantor Fitzgerald's Irina Rivkind Koffler had a Hold rating on Ligand, which was incorrect. The analyst discontinued her coverage of the company on July 10. CJS Securities and Craig-Hallum's ratings on Ligand have also been added to the article...
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Exclusive: Why This Hedge Fund Manager Is Short Netflix
Friday, July 17, 2015 - 1:05pm | 464Rev. Emmanuel Lemelson was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Lemelson Capital Management Chief Investment Officer Rev. Emmanuel Lemelson discussed the tech sector. He believes the sector as a whole looks a little...
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#PreMarket Prep For The Week Of June 1: Get Ready For Summer Trading With CEOs, Fund Managers & Veteran Traders
Sunday, May 31, 2015 - 11:32am | 1438If you didn’t sell in May then get back in the game with these hedge fund managers, chief executive officers and veteran traders on this week’s #PreMarket Prep! Be sure to tune in at 8:00 a.m. EST Monday-Friday here to interact with our veteran traders, market technicians and money...