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Monsanto Company Message Board

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  • cal_sunshine2002 cal_sunshine2002 Oct 26, 2009 11:36 AM Flag

    I don't see any reasons for MON to go up

    I think the management team at MON yield too much to wall street. It is a good time for MON to cut its seed price to gain market shares and prepare for the future. In stead, they try to meet a number expected by Wall street,and increase their seed price. Now they found themself losing shares to competitors and start to lower their seed price, the whole process make them lose faith with farmers. MON lost faith with farmers roundup pricing, yet here again, they do it all over again with seeds. Fortunately, they have patent protection on their seeds, otherwise it could be really urgely.
    Plus the negative news today, there could be some internal selling pressure too. It at least will last for a while when some former employees unload their shares held in their 401K plan.

 
MON
101.835-1.185(-1.15%)3:27 PMEDT