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DewDiligence

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DewDiligence

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Re: jbog post# 98874

Tuesday, 10/19/2010 4:56:18 PM

Tuesday, October 19, 2010 4:56:18 PM

Post# of 257253
MON’s CEO, Hugh Grant, bought another $1M of stock on the open market yesterday:

http://sec.gov/Archives/edgar/data/1083211/000111078310000097/xslF345X03/edgar.xml

This is in addition to the $2M worth of stock Grant bought on the open market in July, when the CFO, Carl Casale, also bought $1.5M worth (#msg-52326283).

Grant now owns 578,316 shares of MON with a market value of $33M. He hasn’t been a great CEO in terms of shareholder returns during the past couple of years, but he obviously believes the company’s prospects are bright and the stock is undervalued.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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