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  • Rising Wheat Prices Negatively Affecting Monsanto [View article]
    I'm just wondering how many of you are shorting MON. This has been a momentum stock for some time now. I'm not well schooled in shorting stocks so correct me if I'm wrong, but it seems that a bubble has been created in the past half year in this stock. Plus with an earnings multiple of nearly 60x, it seems that there should be some "cashing in" of these shares, thus creating a pullback in the stock.

    The same thing has recently happened with GOOG. There was a sharp spike in price in '07, and now we have the sell off price at just over $500.

    What say you?
    Feb 13 14:25 pm |Rating: 0 0
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