Manage episode 244000821 series 2094762
Ligand Pharmaceuticals has been both a strong performer over the past decade and a target of short sellers for some time. The stock has struggled over the last 18 months, though, and Seeking Alpha author 8 Diamonds Advisors feels that the stock has become a strong buy again. The thesis rests on the company's shots on goal approach and its more diversified model. We discuss whether this holds up and what that means for investors.
3:15 - Key elements of 8 Diamonds Advisor's thesis and understanding the company's products
6:15 - "Shots on goal" - what does that mean and how does it work?
15:45 - The challenges in analyzing the business model
19:45 - Management's place in the thesis
24:15 - What's gone on the past few years?
26:45 - The short theses over the year
35:45 - The Promacta divestment and a share buyback (?!)
Learn more about your ad choices. Visit megaphone.fm/adchoices