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RE: Bayer’s Stock Has Lost 44% Of Its Value Since They Bought Monsanto

in #news5 years ago

"...the board of management assessed the legal risks in connection with the use of glyphosate as low."

This indicates to me that the downward slide isn't over for Bayer. There will be continuing fallout from the ongoing tortuous action regarding Monsanto's blatant disregard of public health that Bayer has assumed. If I held Bayer stock today, I'd sell it, to avoid that slide. Not holding Bayer, I'll await a significant drop from bad news that certainly seems to be overdue before jumping in.

This isn't advice of any kind, just my personal feeling regarding the development of the legal landscape regarding the specific issues the board failed to protect it's investors from. I reckon there's going to be a lengthy legal battle between stockholders and Bayer management regarding that failure, and also further legal action regarding much public harm that hasn't yet been resolved, including class actions from several directions, including decimation of species diversity that dumping glyphosate has directly caused.

There's fallout and a reckoning due that hasn't even been glimpsed yet, or at least publicly acknowledged, by the directors of Bayer.

Thanks!

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