General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHedge funds, insider traders begin dumping Monsanto stock as reality of GMOs sinks in across Wall St
http://www.naturalnews.com/041737_Monsanto_share_prices_hedge_funds.html(NaturalNews) Monsanto executives and insiders are dumping Monsanto stock in record volumes, sending the stock price spiraling downward. CEO Hugh Grant just sold off 40,000 shares at $97.74, and both Janet Holloway and Gerald Steiner -- both high-level Monsanto executives -- recently ditched more than 10,000 shares each. Tom Hartley also bailed on another 6,000 shares at $100.15. (See sources below.)
Hedge funds, meanwhile, are also dumping Monsanto stock, most likely due to sharply increased "negative sentiment." This means people increasingly don't like Monsanto, and that's a direct result of all the growing realizations about the dangers of GMOs, Monsanto's predatory business practices, the company's dangerous experiments that have already unleashed genetic pollution, and the fact that GM corn has been experimentally found to cause widespread cancer tumors in rat studies.
Just the fact that Monsanto's GE wheat trials got out of control and contaminated a wheat field in Oregon -- causing Japan and South Korea to ban U.S. wheat imports -- has resulted in 150 groups now demanding the USDA keep a tighter lid on Monsanto's GMO experiments. These groups are fed up with seeing the market value of their crops destroyed by sloppy "open field" experiments being conducted by Monsanto that spread genetic pollution across the country and contaminate non-GMO crops. (Monsanto goes even further and actually sues the farmers whose fields they contaminated!)
More
Everything to do with money. Glad this is a money loser as it is a real killer for our food.
madrchsod
(58,162 posts)the more pressure the american citizens and climate change put on monsanto products the more they will lose value.
BrotherIvan
(9,126 posts)Natural news is not my favorite source of information, but I do agree that the tide may turn with labeling. I was so livid the measure lost in California because that would be the end game. So other states are trying and we will try again here. They did it in Europe: consumer refusal to buy GMO frankenfoods shut that down. That's why they fight tooth and nail against labeling.
But I fear that Monsato is so expert at being evil, they will just find another way. *Sigh*
Fuck Monsato!
cali
(114,904 posts)atrocious bullshitting site.
I can't tell if it's a whiff of winger about that site or what. But I do find that most people, when they learn just a little about how the Medical Profiteering Complex suppresses anything inexpensive or natural, causing untold suffering, lives and bankruptcy, you become a raving conspiracy loon right quick.
Faryn Balyncd
(5,125 posts)The damage they do will far surpass the asbestos disaster.
And Johns Manville did not contaminate their competitor's alternative products against their will and then have the gall to sue them for patent infringement.
Monsanto deserves bankruptcy, and their executives prison.
Rebellious Republican
(5,029 posts)in FUCKING the mases over?
Fire Walk With Me
(38,893 posts)http://www.democraticunderground.com/10023406830
If they sell stock in a 1% company, it's because it's in THEIR best interest to so do.
George II
(67,782 posts)Just a little bit of research, perhaps 30 seconds on Google, would have revealed that the sale by Hugh Grant of 40,000 shares didn't "just" take place, it took place on July 3, about seven weeks ago, and it was an automatic sale, not something that was the result of any specific events.
You can find all of
http://biz.yahoo.com/t/78/660.html
I can see commenting critically about Monsanto and their business practices and all, but creating something just to make a story is ridiculous and misleading (perhaps a touch of Fox/Limbaugh/Hannity?)
cali
(114,904 posts)hatrack
(59,583 posts)Guy went and built four or five substantial earthfill dams on his property, which is illegal as hell, but suddenly he's a holy martyr facing the jackbooted thugs of, y'know, the local irrigation district.
on Natural News.
99th_Monkey
(19,326 posts)Bye bye Monsanto you sick fuck.
George II
(67,782 posts)...shares, and he still owns 380,000 shares as the highest individual share holder.
jwirr
(39,215 posts)is all over. Farmers should have known better. You cannot fool Mother Nature.
Faryn Balyncd
(5,125 posts)infringement". . . . . . . .
When you are the business model from hell, it's hard to keep 'em coming.
mick063
(2,424 posts)Don't be fooled.
Now is the time to buy Monsanto.
The game is rigged.
BlueToTheBone
(3,747 posts)shanti
(21,675 posts)we've seen this syndrome time and again.
AZ Progressive
(3,411 posts)It's at 96.22, down from a little over 100 one month ago.