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Since the 1980s, Monsanto has become the world leader in genetic modification of seeds, succeeding in at least 674 biotechnology patents, more than any other company -- and they showed no signs of stopping . until now.
It seems Monsanto's glory days may be coming to an end, which is a refreshing turnaround from last December, when Forbes declared this evil corporation "company of the year" -- for reasons that truly boggle the mind.
Now, the tide is turning, and as the Times pointed out, signs are suggesting that Monsanto's "winning streak" is over:
Monsanto's newest genetically modified (GM) product, SmartStax corn, provides no greater yields than older products, despite being more expensive
Weeds are growing resistant to Monsanto's Roundup
The Justice Department is investigating Monsanto for possible antitrust violations
Already, shares of Monsanto's stock have fallen 42 percent since January, and earnings for the fiscal year are expected to be well under projections.
To say this news makes me overjoyed is an understatement, as this company represents one of the biggest threats to your future health, and that of the planet
So, why is the provider of the bulk seeds that have been planted been hurting? Its not the short side of the equation. I checked, and the company has almost no shares short. So, its not the black hat funds doing the damage to the stock price. This caused me to dig even deeper, as I couldn't put a finger on why the stock was under performing its own index by a country mile. The explosion in crop prices has been in the core area of Monsanto's business model, yet so far the market has ignored the stock price of the company. In fact, it's better to say that currently the market is discounting any positive effect high crop prices could have for Monsant
Originally posted by marg6043
In other words, their roundup seeds are not what they promised, how much can they boost ready seeds without poisoning people.
Originally posted by baddmove
reply to post by ghostsoldier
Nobody.....
I have been an avid foe of Monsanto for years...this is good news....
thanks for sharing...
Originally posted by TheOneEyedProphet this company dabbled in obscure and evil practices, modifying nature to be sterile, and to infect other crops, those where aggro weapons, helping to nail the coffin.
Nature getting even with Evil Monsanto