Insider traders dump Monsanto stock as reality of GMOs sinks in
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(NaturalNews) Monsanto executives and insiders are dumping Monsanto stock in record volumes, sending the stock price spiraling downward. CEO Hugh Grant just sold off 40,000 shares at $97.74, and both Janet Holloway and Gerald Steiner — both high-level Monsanto executives — recently ditched more than 10,000 shares each. Tom Hartley also bailed on another 6,000 shares at $100.15. (See sources below.)
Hedge funds, meanwhile, are also dumping Monsanto stock, most likely due to sharply increased “negative sentiment.” This means people increasingly don’t like Monsanto, and that’s a direct result of all the growing realizations about the dangers of GMOs, Monsanto’s predatory business practices, the company’s dangerous experiments that have already unleashed genetic pollution, and the fact that GM corn has been experimentally found to cause widespread cancer tumors in rat studies.
Just the fact that Monsanto’s GE wheat trials got out of control and contaminated a wheat field in Oregon — causing Japan and South Korea to ban U.S. wheat imports — has resulted in 150 groups now demanding the USDA keep a tighter lid on Monsanto’s GMO experiments. These groups are fed up with seeing the market value of their crops destroyed by sloppy “open field” experiments being conducted by Monsanto that spread genetic pollution across the country and contaminate non-GMO crops. (Monsanto goes even further and actually sues the farmers whose fields they contaminated!)
via Natural News [by Mike Adams]
Photo Source: Tax Credits via Flickr
Posted by Label the Truth on Sunday, August 25th, 2013 @ 4:43AM
Categories: National News