Forbes had the cuter headline: "Deere, Oh Dear (DE)" but David Gaffen at MarketBeat got more information into 400 words than you are likely to see anywhere on the net or in print:
Do give MB a visit.
Farming is a deliberate business if there ever was one. Betting on farming-related companies is not.
Shares of Deere & Co. are slumping, falling 9% after the maker of farm equipment stung investors by lowering expectations for the current quarter. But that hasn’t stopped the short-timers in the options market, who are betting that Wednesday’s losses will be temporary....CONTINUED