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Monsanto executives and insiders are dumping Monsanto stock in record volumes, sending the stock price spiralling 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
Learn more: www.naturalnews....
Stock price: MON (NYSE)$96.31+0.06 (+0.06%)
Aug 23, 3:51 PM EDT
Monsanto Company (NYSE:MON) has had one of the most up-and-down years of the stocks we track. Shares of the ag behemoth have been unable to get on a run in 2013, as constant drama over GMOs seems to be hitting the newswires daily. With that in mind, it appears that some hedge funds want nothing to do with it.
Read more at www.insidermonkey.com...
Originally posted by purplemer
One can only hope this is the beginning of the demise of Monsanto. Their shares have dropped in value about fifteen percent since the March Against Monsanto earlier this year.
I think people are becoming more aware and do not want GMO foods pushed down their throats.
The company has a history of underarm tactics and misinformation campaigns..
www.naturalnews.com
(visit the link for the full news article)