Saturday, April 12, 2014
Monsanto, biotech stocks plummet the day after activists launch Operation Monsanto Stock Plunge
Biotech stocks plummeted Thursday following the release of Operation Monsanto Stock Plunge by Food Democracy Now -- a campaign that urged investors to sell shares of biotech companies like Monsanto.
"On Thursday, the Nasdaq composite, which is weighted heavily toward tech and biotech companies, had its worst day since November 2011," reported the Associated Press, less than 24 hours after the launch of Operation Monsanto Stock Plunge. The story was carried across thousands of newspapers such as the L.A. Times. (1)
"Biogen Idec, Gilead Sciences and other biotech companies plunged. Gilead Sciences slid $5.17, or 7 percent, to $65.48 on Thursday. Biogen Idec dropped $13.33, or 4 percent, to $287.35. Both roughly doubled in value last year."
U.S. News and World Report declared, "Stocks drop as investors dump biotech" (see screen shot below), and other newspapers reported headlines like "Dow, Nasdaq fall dramatically as investors dump biotech stocks."
The L.A. Times declared the plunge "Nasdaq's worst day since 2011" (see screen shot below).
Monsanto stocks fell precipitously all day long, as is shown in the following stock price graph:
Operation Monsanto Stock Plunge was, of course, the brainchild of the anonymous group known as "Organic Spies." This group, together with whistleblowing website Natural News, is widely credited with pressuring Whole Foods to announce store-wide GMO labeling by the year 2018.
Now, together with Food Democracy Now which took the lead on Operation Monsanto Stock Plunge, we have directly influenced the movement of billions of dollars on Wall Street, contributing to the global selloff of biotech stocks and encouraging investors to put their money in more ethical, less evil businesses.
Biotech industry trolls and negative P.R. flacks will of course say, "It was just a coincidence," which is exactly what they say when people who eat GMOs are diagnosed with infertility, cancer and organ failure, much like the GMO-fed rats revealed by the Seralini study. But consider it: What are the odds that biotech stocks would just coincidentally happen to experience a near-record plunge on the very next day after activists launched Operation Monsanto Stock Plunge? Any way you slice it, the odds are at least 1,000 to 1.
So either we activists are incredibly lucky at picking stocks, or we influenced the markets and helped cause the plunge that just took place.
See the full video of Operation Monsanto Stock Plunge here: (and note, YouTube is artificially suppressing the view numbers. This video has been sent to over 1.2 million people and the actual views are easily above 100,000 by now.)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment