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1 point   posted on 06/25/08
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MON - looks very toppy.


MON reports before the open Wednesday. The stock sold off, as did all the AG's on Tuesday. The group looks very toppy, but it is the end of the quarter and thus the upward bias should remain intact til next week,,,unless MON disappoints and says bad stuff. THEN look out below!

Michael "Waxie" Parness

  Related to:  
MON Monsanto Company


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Astukphoto
Armin Stuk   22%     1 point   commented 498 days ago reply

MON is my Top Holding #3 in virtual Materials sector fund at Marketocracy and have picked it here at SP too.
http://www.marketocracy.com/cgi-bin/WebObjects/Portfolio.woa/ps/FundPublicPage/source=KpLdAdGeDoLcEmCjMaKiAbDc
Days held: 1881
First trade: May 02, 2003
Inception return: 1264.99%
I remain bullish on this stock going forward!

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traderdrew   51%     1 point   commented 481 days ago reply

ag group may be taking a bit of breather but longer term this sector will come back. Especially given the weakness in almost all other sectors of the economy.

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Kbe_4-14
nextfundmanager   N/A     1 point   commented 481 days ago reply

these stocks whip around so much that it is best to wait for a big pullback that knocks out all the weak hands and then jump right in, long term this story is still alive

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loneranger   38%     1 point   commented 480 days ago reply

hedge funds still have to put their money somewhere and this is one of the only sectors of the economy that is performing well, so I wouldnt be jumping on and getting ready to short just yet. Also this stock is driven by commodity prices which are dollar denominated.


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Monsanto Company (MON)
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