On June 19th, Rev. Father Emmanuel Lemelson, Founder and President of the Lantern Foundation, was invited onto Benzinga's Pre-Market Prep show to discuss the theme of capital allocation as stewardship.
In the interview, Fr. Emmanuel, after some initial comments on his background and investment philosophy is asked in depth and pointed questions about his recent short call on shares of WWE that was first published on March 17th as well as his recent 25 page research report on shares of LGND. He clarifies his reasoning behind statements that shares of LGND have no intrinsic value presently.
Shares of LGND dropped as much as 2% during the interview.