Alto Ingredients Inc (ALTO)

[Dutch1]

Nice to see you posting again Danke
I think there is plenty or room to expect PEIX to trade higher. Also enough to look forward to.
Crude dropped a bit yesterday, but is reacting well now to the EIA numbers. Inventories stayed level, but domestic production did slightly increase. No real reason for movement. So I guess some have been gambling on worst numbers yesterday.

However ethanol inventories increased by 4.6% But ethanol inventories always moves a bit more then crude, so no reason to be worried.

I think, earnings might help PEIX to gain that 20% you're looking at. I think we will hit $10 after the earnings, but then some shorts might jump in, and bring it back under $10. However, if all keeps going this way in 2017 we will stay above $10 and we will move back to $15.