Lemelson Capital Management

Ligand 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...

Lemelson 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...

Ligand Pharmaceuticals Inc. (NASDAQ: LGND) hit a 52-week high of $139.79 at the beginning of August. Since then, the stock has been steadily declining and as of Wednesday was trading for less than $109 per share. The stock is now nearly flat since the start of 2016, but still higher by more...

Shares 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...

Pictured 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, "

Shares 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 (...

Rev. Emmanuel Lemelson was recently a 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. Emmanuel Lemelson said the firm is short Sketchers USA Inc (NYSE: SKX)...

World 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...

Update: 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...

World 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...

Lemelson Capital Management Chief Investment Officer Rev. Emmanuel Lemelson warned investors to “stay away from new issues” including Alibaba Group Holding Ltd (NYSE: BABA). Lemelson told Benzinga that the sellers, which includes insiders and investment banks, “have a vested...