I asked about earnings and they thougth they would not be so hot based on what they are hearing. I do not have a position in right now but I think I will risk it tomorrow and short this stock, ride down and then cover for the rebound
Here's the skinny: Monsanto is a good bet for long term. Short term, corn/bean prices are hindering Monsanto's seed and herbicide business. AG has had one bubble- ethanol. The next will be population growth and hunger. As always, if you have the $$$ to buy technolgy, they'll sell it to you. So many poor, starving countries don't have the $$$'s or oil or??? to trade. Conundrum inside a paradox!
I thought MON had given their guidance close to teh end of their quarter and also explained a restructuring charges at least twice - so do you think it will be even worse than they said -- seems like if they miss their original target it will not be news to those who keep informed but enough people are not informed that it could react downwards...but hasn't it already drifted downwards?