Thursday, 29 August 2013
Hedge Funds, Insider Traders Begin Dumping Monsanto Stock As Reality of GMOs Sinks in Across Wall Street
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!)
Hedge funds dumping Monsanto
As InsiderMonkey.com reports, Monsanto "has experienced declining interest from the entirety of the hedge funds we track."
Monday, 6 December 2010
Fish Farms Begin Use of New Pesticide
New Brunswick salmon farmers have started the use of a restricted pesticide that fights sea lice on farmed Atlantic salmon.
The aquaculture industry faced questions in recent weeks when it was revealed that companies could use Alphamax to battle sea lice, which are parasites that attach themselves to salmon.
Alphamax, which has been approved for use between October and December of this year, contains a chemical called deltamethrin. Health Canada advises the chemical does not pose a risk to human health or the environment when it's used according to the label directions and under the federal agency's conditions.
Alphamax is restricted to cages that are covered by tarps or contained areas called well boats, where fish are given a bath in the deltamethrin treatment.
The Atlantic Canada Fish Farmers Association invited reporters out for a salmon farm tour in Passamaquoddy Bay on Wednesday.
At an aquaculture site at Hardwood Island, fish are pumped into a well, where a mixture of the pesticide and sea water is then flushed in.
