According to Bloomberg, Buckingham Research Group analyst John E. Roberts told clients that Monsanto is a "Buy" in a report today, noting that it's too early to judge SmartStax's performance. The data won't be significant until 70% of the harvest has been completed, he explained. So far just 10% of the plantings have been harvested.
Skrew Jefferies!! And take advantage of this sell off.
I'm with you. Two negative blasts, on the same day, from the wall street media, a week from earnings is mighty suspicious. It smells of manipulation. Monsanto doesn't advertise in the east coast media, no crops on wall street. Plenty of investment houses, etc advertise though.