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DewDiligence

10/06/10 3:03 PM

#232 RE: rajaram46 #231

MON’s CC was uneventful. Nothing on the CC explains today’s price action in which the stock opened sharply higher and then receded, so I presume the pop at the open was due to short covering.

The most consequential revelation from the CC is that the EPA will hold a hearing on MON’s Refuge-in-a-Bag corn in December, which puts the regulatory review on a timeline for a launch in the 2012 North American growing season.