Alto Ingredients Inc (ALTO)

[Dutch1]

The funny thing is that a year and longer ago, PEIX was doing bad...was having a lot of share offerings and those seemed very badly timed.
Despite the SP going down and we had a split the board got their bonuses, where a normal company would sack their board.
It seemed to me at that time that somehow there was a plan behind it. Why else would they come with a new offering at the moment the SP was climbing out of the hole.

Suddenly things changed. News got positive and offerings stopped. It really seemed like a turn around. It was before the SP started to go up again, and I had a feeling this was planned from the beginning.
They knew they had to get all the negative stuff out of the way first, and then they could make this run. Going from below $3,- to over $23 makes them look genius. Maybe they could have also kept the stock around $10 for a longer time, if they did time those offerings differently, but would that also have brought us to $23 and being debt free?

You might be right about your conspiracy theory, when it comes to the planning of the stock buyback program and maybe even keeping the SP down a bit.
But I don't think that you can give him the credit for what is happening with the oil, ethanol and corn price.
I've started thinking that NK might be smarter then most of us took him for when those offerings were happening.
Would it be bad or even criminal if he had planned to act in a way that keeps the SP down a bit? In the end I think shareholders who hold on might profit from it.