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Hedge Fund Manager Questions WWE's Partnership With DraftKings
Thursday, March 19, 2015 - 8:49am | 277World Wrestling Entertainment, Inc. (NYSE: WWE) on Wednesday announced it entered into a new partnership with DraftKings Inc., a leading destination for daily fantasy sports. Fans will compete in the "Ultimate SummerSlam Experience" through select professional basketball contests in...
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This Hedge Fund Manager Spoke With Lumber Liquidators' Chairman -- Here's What He Thinks
Wednesday, March 11, 2015 - 6:11pm | 504As Lumber Liquidators Holdings Inc (NYSE: LL) slowly recuperates from the effects of the "60 Minutes" report, Lemelson Capital Management Chief Investment Officer Rev. Emmanuel Lemelson spoke with Founder and Chairman Tom Sullivan. Lemelson then shared his thoughts and conclusions with...
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This Hedge Fund Manager Is 'Increasingly Confident In The Success Of Apple Watch'
Monday, March 9, 2015 - 12:34pm | 460Ahead of the Apple Inc. (NASDAQ: AAPL) "Spring Forward" Event, Benzinga spoke with Lemelson Capital Management Chief Investment Officer Rev. Emmanuel Lemelson. The investor shared some of his thoughts on the event and the anticipated Apple Watch. Lemelson believes that the event will...
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Tilson's Lumber Liquidators Story Doesn't Add Up, Lemelson Capital CIO Says
Tuesday, March 3, 2015 - 10:13am | 452Update: A previous version of this story quoted Lemelson as saying that CEO Tom Sullivan should "step down immediately." After personally speaking with Sullivan, Lemelson has since retracted that statement, saying, "I still think he can help rectify the situation... he should, and...
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WWE Puts 'Choke Hold' On Doubters; Rev. Emmanuel Lemelson Was Right All Along
Friday, February 13, 2015 - 1:30pm | 223Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. World Wrestling Entertainment, Inc. (NYSE: WWE) shares are trading higher by $2.04 at $16.40 in Friday's session. It has added nearly $3.00 since closing at $13.23 last Friday. On Thursday, the...
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WWE Rises On Earnings Beat, But Are Investors Missing Something?
Thursday, February 12, 2015 - 4:23pm | 734World Wrestling Entertainment, Inc. (NYSE: WWE) is up more than 6 percent this afternoon. Many investors appear to be satisfied with the company's growth, but are they missing something? Under the live events section of its earnings report, WWE notes: "North American live event...
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Mega-Hedge Fund Manager: Facebook's Stock Price 'Hardly Represents Any Sort Of Value'
Wednesday, January 28, 2015 - 4:32pm | 301Speaking exclusively to Benzinga, Lemelson Capital Management’s Chief Investment Officer, Emmanuel Lemelson, provided some insight on the negative sentiment from Facebook Inc (NASDAQ: FB) users and the current stock price, which “hardly represents any sort of value,” he stated...
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Hedge Fund Manager On WWE: Giving The Service Away For Free Probably Won't Help Earnings
Wednesday, January 28, 2015 - 3:22pm | 411World Wrestling Entertainment, Inc. (NYSE: WWE) has been making headlines consistently over the past few days. On Monday, Macquarie upgraded the stock after WrestleMania kicked off. On Tuesday, shares were up 20 percent on strong network subscriber numbers. On Wednesday, Lemelson...
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Hedge Fund Guru Emmanuel Lemelson Just Revealed How He's Trading Apple (And 3 Other Stocks)
Wednesday, November 19, 2014 - 12:45pm | 518Recently on Benzinga's PreMarket Prep, Reverend Emmanuel Lemelson shared his thoughts on recent events in the financial world. The hedge fund manager's past and current results are hard to beat. Year to date, his Amvona Fund has a gross rate of return of 56.9 percent (40.23 net), far...
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Hedge Fund Guru Emmanuel Lemelson Explains How To Balance Investments And Morality In Ferguson, MO
Wednesday, November 5, 2014 - 2:45pm | 800Protests and civil disorder began in the town of Ferguson, Missouri after the fatal shooting of Michael Brown on August 9. The media offered what seemed like 24-hour live coverage touching on hot topics including racism, gun control, militarization of police and appropriate use of force....
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Lemelson Capital Management Announces Stake In Geospace Technologies
Tuesday, October 21, 2014 - 10:36am | 249Lemelson Capital Management announced on Monday it has acquired a 2 percent stake in Geospace Technologies Corp (NASDAQ: GEOS). Lemelson Capital Management made headlines recently when BarclayHedge, a global leader in fund performance ranking assessment, ranked Lemelson Capital's Amvona...
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#PreMarket Prep Guest List For The Week Of September 15, 2014
Monday, September 15, 2014 - 8:17am | 1416Don’t miss High Frequency Friday September 19 on Benzinga’s #PreMarket Prep broadcast, sponsored by Charles Schwab. HFT Friday is a special segment featuring the industry’s foremost experts on the topics of maker/taker pricing model, order types, colocation, canceling or...
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Lemelson Takes Down World Wrestling Entertainment, Inc. And Brings It Back Up
Thursday, September 11, 2014 - 2:55pm | 823It is one thing to have a large short position that works out favorably, but it is whole other thing to cover that position for a profit, turn around, get long and have that work out as well. Believe it or not, that is exactly what Reverend Emmanuel Lemelson of Lemelson Capital Management has...
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#PreMarket Prep Guest List For The Week Of August 11, 2014
Friday, August 8, 2014 - 3:26pm | 966There’s another week of intelligent guests sharing their market outlook on Benzinga’s #PreMarket Prep broadcast, sponsored by OptionsHouse. We’ll also be introducing a new maven addition to Benzinga's Marketfy team! But you have to tune in at 8:00 a.m. EST Monday-...
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Exclusive: Emmanuel Lemelson Talks Ligand Pharmaceuticals
Thursday, August 7, 2014 - 1:57pm | 435Lemelson Capital chief investment officer Emmanuel Lemelson recently increased his short position in Ligand Pharmaceuticals (NYSE: LGND) after its second quarter earnings report. “Any company whose EPS is down 76 percent year over year while its stock awards are up 100 percent and has...