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Fr. Emmanuel Lemelson On Apple And The Positive And Negative Aspects Of Capital Formation In Public Market

On September 16th, Rev. Father Emmanuel Lemelson, Founder and President of the Lantern Foundation, and Chief Investment Officer of Lemelson Capital Managements was invited onto Benzinga's Pre-Market Prep show to discuss Lemelson Capital's short and long stakes in shares of World Wrestling Entertainment (NYSE:WWE) for its clients.

 In the interview, Fr. Emmanuel, after some initial comments on the firms current long position in shares of WWE is asked in depth and pointed questions (around the 7 minute mark) about Lemelson's recent activist role in shares of Kulicke and Soffa Industries (NASDAQ:KLIC) including the recent announcement that Kulicke and Soffa would heed Lemelson's call for a substantial share repurchase.

 

Also in the interview, Lemelson reaffirmed the firm's short stake in shares of Ligand Pharmaceuticals (NASDAQ:LGND) that was first published on Seeking Alpha on June 16th as well as the firm's significant long position in shares of Apple (NASDAQ:AAPL).

 

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