By Steve Moore | Wednesday 13 December 2017
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on Plant Impact (PIM) in the summer, I concluded the need for contract discussions currently “to revise the structure of the company's contract with Bayer… to reduce current stock levels in the market, the company has agreed to cancel early season shipments” sees me view promised jam tomorrow here even more sceptically than normally… I continue to avoid. Today there’s an “Update, Strategic Options and Formal Sale Process” announcement from the company. Uh oh…
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