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catoismymotor (< 20)

Millions Against Monsanto?

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May 10, 2010 – Comments (7) | RELATED TICKERS: MON

I have been made aware of a FB group called Millions Against Monsanto. I have to admit to being skeptical of their exact intentions. They claim to be speading the truth about the company. I often find that truth and facts often conflict. In my opinion rationality has been cast to the side in favor of trouncing their boogie man.

I don't own MON, it's not my cup of tea. But I thought it only fair to make those of you that do aware of this group.

7 Comments – Post Your Own

#1) On May 10, 2010 at 11:53 AM, chk999 (99.97) wrote:

Are they an anti-GM food group, or an anti-HFCS group?

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#2) On May 10, 2010 at 11:59 AM, catoismymotor (< 20) wrote:

I think a bit of both.

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#3) On May 10, 2010 at 12:28 PM, ChrisGraley (29.74) wrote:

Monsanto has worse problems. Weeds are becoming resistent to Round-Up due to over-treating.

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#4) On May 10, 2010 at 12:59 PM, TMFLomax (46.97) wrote:

MON is definitely not my cup of tea either; everything I've read about it over the years points to the type of company I am absolutely not interested in owning. I do think those who do own it do need to be at least aware of the risk inherent in a company that has upset so many people with its actions over the years, regardless of whether investors agree with people's opinions or not, and yeah a FB group certainly says something about how passionately some people feel against that company. (Good point, too, cato, that the "truth" and "facts" can be squishy when ideological agendas come into play... always worth some digging around of course, and something like a FB group seems like it could easily be a breeding ground for both information and misinformation.)

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#5) On May 10, 2010 at 1:22 PM, ElCid16 (97.08) wrote:

The documentary "Food, Inc." opened up a can of worms for Monsanto (as well as Tyson, Perdue, and a few others).  Monsanto can (and apparantly often will) sue small-time farmers for patent infringement, effectively gaining more and more market share by taking the "little guys" to the cleaners.  This is from "Food, Inc.'s" wikipedia website:

"Monsanto has engineered and patented crops that are resistant to their trademarked herbicide roundup. Because they have patented this crop if some external force, such as the wind or animals, unintentionally brings seeds to a non-Monsanto approved farm then that farmer can be sued for infringement. Furthermore if a farmer reuses the seeds that his Monsanto crops produced then again the farmer can be sued for infringement."

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#6) On May 14, 2010 at 1:45 PM, AmericanArrogant (29.80) wrote:

Well, with Monsanto at <$55 per share, I'm taking the opportunity to invest in some Frankenfood.

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#7) On May 22, 2010 at 12:27 PM, SafariCouture (77.66) wrote:

awfull company, not that I''m altogether opposed to gm . . . but bullying? It's not cricket. And we wont get into agent orange. 

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