May 01, 2010
– Comments (2) |
RELATED TICKERS: MON
And yes you silly progressive that think that the Government will protect you. I and other tea baggers are trying to protect you from the government. For me this is a no brainier. If I had money I would short Monsanto on General Principals. I would not get rich and probably loose money but I sure would feel better. The court says the News does not have to tell the truth. I wonder if this ever went up to the Supreme Court. Durn FDA and President Puppets. Which co bought the milk formula from Monsanto? Oh and by the way what is going on with Tylenol.?
Wish I had time to watch them, but alas, I have to go to work in the morning.
Anyway, NEVER short something on principal. That is a recipe for losing money. In fact, never take an investment position based on emotion, period.
Second, don't short Monsanto, that is also a recipe for losing money. They aren't really my style of investment, but unless the Supreme Court suddenly decides they can't patent the plant genes that they engineer, Monsanto is going to make money.
I'm not trying to say I agree with everything Monsanto does, because I don't, but they receive a lot of criticism that is not entirely fair. Like Wal-Mart and McDonalds, they are the biggest player in an industry that has outspoken critics. As such they are a lighting rod for criticism levelled against the industry as a whole. While some of the criticism is justified, there are critics that are more radical and level criticism when they don't know what they are talking about.
Again, I wish I had time to watch the videos before responding, but some of Monsanto's products have done a lot of good for the world. Roundup-ready crops have reduced soil erosion and energy use from tilling the soil. When it comes to herbicides, Roundup is one of the lesser of evils. And the increased yield they are getting from some of their GM crops are helping keep food prices down and allowing us to feed more people without more deforestation and using less fuel. They are spending a bunch of money to develop draught-resistant crops to help feed Africa--royalty free.
If you do away with Monsanto and Dupont and the like, we are looking at food shortages in our lifetime.
If you want more regulation for agribusiness, write your congressman. But please don't make yourself broke shorting a profitable business.
Monsanto is bad. And it is a good time to short them, although I wonder if the best price to short from already passed.