GMO Activism Bringing Down Monsanto’s Stock

The recent wave of activism against Genetically Modified Organic products and, particularly, its most popular face – Monsanto Corporation – is finally taking its toll where it hurts the most to these unscrupulous capitalists, their wallets.

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.

Although this does not make the wrongs right, it does show that no matter how big a corporation is, it is still liable to consumer opinion and activism and therefore should always strive for Corporate Social Responsibility to guarantee sustainability. Monsanto’s products have several negative side-effects like genetic pollution, growth of tumors due to consumption and were the main cause for a massive number of bee death’s, preventing the important pollination process required for the constant growth of crops.

Now we can only hope that the responsible parties will be brought to justice, although money seems to impeach the power of courts, for some reason.

On the meanwhile, take a word of advice from Mike Adams at Natural News be a responsible investor.

The mutual funds still investing in Monsanto include:

• Fidelity Select
• American Century
• Rydex Basic Materials
• Hartford Growth
• ICON Materials
• Vanguard Materials

If you own any of these mutual funds, sell them now and invest somewhere else. Become an “activist investor” and put your money in companies that create a better world, not companies that destroy their world for their own selfish greed.”

(Source: True Activist)

 

As a final word, it is a shame and an outrage for democracy and decency anywhere in this planet that the US Government would protect an entity as evil as Monsanto (The Monsanto Protection Act, H.R. 933). It only shows how every government, politic and legislation is for sale and how the common person is bludgeoned under the greed for profit of the ones that sit at the top.

http://www.youtube.com/watch?v=QxpH9wBt0fM

 

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