Replies to post #96052 on Biotech Values

[DewDiligence]

MON:

…with a target of $65, have you changed your mind?

Not at all—I still think MON is probably the best individual stock to exploit The Global Demographic Tailwind, which is IMO the premiere investing theme in the world today.

Morgan Joseph’s price target is not meant to be taken seriously insofar as the report I posted was about as bullish as any MON report could possibly be. The analyst lowered the price target because the share price has declined and the old target ($90) might now strike some readers as silly.

[DewDiligence]

"raising the intensity of corn-seed/acre by 2%-3% per year" — There's a limit there, if only for the need for space to allow fertilizers and sunshine.

Sunlight can be a limiting factor in the spacing of soybeans because a shade canopy creates practical problems. For corn, water is more likely than sun to be a limiting factor; the 2-3% increase in crop density cited in #msg-50378397 can often be accomplished without overspending the water supply via improvements in the smartness of the irrigation systems. As mentioned in #msg-50378397, high-tech improvements in tractors and combines from such companies as DE allow a higher “resolution” of the farm grid that makes it possible for farmers to consider an increase in crop density.

[DewDiligence]

I don’t have a problem with dollarize if the discussion pertains to currencies and exchange rates. In this case, however, the proper word was quantify.