Alto Ingredients Inc (ALTO)

[Monksdream]

ALTO new 52 week high

[TrendTrade2016]

ALTO...NEXT NASY BEAST READY TO BREAK OUT@@

[Monksdream]

ALTO new 52 week high
Notice the resistance the current price must exceed

[tw0122]

100% move in past month ..chomp
Chomp..

[BPETER]

Beautiful days for alto

[rwdutch]

Earnings estimate is .31 pre release .

[mareen]

Lol. You sound so optimistic it's heartening. hope you are right.

[rwdutch]

Time to fly from rising demand?
On board !!!

[Slashnuts]

GERS Receives Offer To Restart Litigation Against ALTO...

CleanTech subsequently received an opinion of counsel that its remaining seven of twelve corn oil extraction patents are clearly valid and enforceable, along with a contingency-based offer to restart the infringement litigation from scratch. We are evaluating our rights and remedies in connection with all applicable matters, and we are unable to characterize or evaluate the probability of any outcome at this time

Further, in connection with ongoing patent filings, the USPTO allowed CleanTech’s new corn oil extraction patents after considering the very information that the District Court found to have been withheld, and upon which the bulk of the District Court’s rulings were based. All of the information alleged to have been “knowingly withheld” from the USPTO in connection with the patents in suit was provided to and considered by the USPTO prior to issuance of several additional patents that are not covered by the District Court’s prior rulings (the “New Patents”). The USPTO subsequently disagreed that deception of any kind occurred when, on February 21, 2020, it issued another patent to us after reviewing the very evidence that was allegedly “withheld,” along with everything the defendants ever submitted and claimed, as well as the District Court’s 2014 and 2016 rulings – all in light of the facts that were never presented to a jury. Significantly, the new patent was allowed by the same examiner that the District Court said was deceived. In other words, the same patent examiner that was allegedly deceived looked at the purported evidence and claims of deception, and disagreed that she had ever been deceived. Thus, in issuing that patent, the examiner concluded that the inventive process was not “ready for patenting” in July 2003, that an invalidating “offer for sale” did not occur in July 2003, and that the “ready for patenting” and “offer for sale” information that the District Court determined to have been “deliberately withheld” from the USPTO was immaterial to patentability.

https://cleantech-alpha.com/technologies/

Good Luck To All!$!$

[Slashnuts]

GERS Receives Offer To Restart Litigation Against ALTO...

CleanTech subsequently received an opinion of counsel that its remaining seven of twelve corn oil extraction patents are clearly valid and enforceable, along with a contingency-based offer to restart the infringement litigation from scratch. We are evaluating our rights and remedies in connection with all applicable matters, and we are unable to characterize or evaluate the probability of any outcome at this time

Further, in connection with ongoing patent filings, the USPTO allowed CleanTech’s new corn oil extraction patents after considering the very information that the District Court found to have been withheld, and upon which the bulk of the District Court’s rulings were based. All of the information alleged to have been “knowingly withheld” from the USPTO in connection with the patents in suit was provided to and considered by the USPTO prior to issuance of several additional patents that are not covered by the District Court’s prior rulings (the “New Patents”). The USPTO subsequently disagreed that deception of any kind occurred when, on February 21, 2020, it issued another patent to us after reviewing the very evidence that was allegedly “withheld,” along with everything the defendants ever submitted and claimed, as well as the District Court’s 2014 and 2016 rulings – all in light of the facts that were never presented to a jury. Significantly, the new patent was allowed by the same examiner that the District Court said was deceived. In other words, the same patent examiner that was allegedly deceived looked at the purported evidence and claims of deception, and disagreed that she had ever been deceived. Thus, in issuing that patent, the examiner concluded that the inventive process was not “ready for patenting” in July 2003, that an invalidating “offer for sale” did not occur in July 2003, and that the “ready for patenting” and “offer for sale” information that the District Court determined to have been “deliberately withheld” from the USPTO was immaterial to patentability.

https://cleantech-alpha.com/technologies/

Good Luck To All!$!$

[mareen]

A huge number of Alto calls traded today. Huge. Not a lot existing on the put side. Options expiration?

[mareen]

There are a few million shares above the float. IMho, it will not be in ALTO's interests to issue more shares near term. The pps will rise as greater demand will have the refiners scrambling for ethanol supplies. The industry's 2021 production is by and large bespoken.

[mareen]

Court news. 3 petitioners re blending exemption withdrew their claims. This opens up the demand side significantly.

[pennystock_es]

Alto has exla shares?

[mareen]

This company thinking is outside the box. Nothing static going forward.

[mareen]

See news today.

[moneym8ker]

What a CRAP... ABSOLUTE CRAP Q1!

They swung from a loss per share to a profit per share of $0.06.

That was a mighty event.

How’d they do it?

Ohhhhh

They did it through selling shares and selling facilities.

Their revenue was a huge SWING AND A MISS.

Hence the pressure on the stock today after earnings.


Sheeeeesh...

Glad I sold.

[moneym8ker]

Nothing material has happened in the last quarter.

ALTO is fully reporting. The cost of the Madera facility and operating it was above their sale price which means they lost money on the sale.

Alto keeps selling facilities and they keep selling shares via “share offerings”.

They keep doing these things instead of showing investors that they can turn a profit.

It’s no wonder that their share price is regularly under pressure.

Good luck but ALTO is a losing company...and what’s worse is that it’s ran by nepotistic dummies.

[rwdutch]

You deserve credit on GPR$ , looking for forward P/E correction on Alto. New management have a vision.

[moneym8ker]

Well

I hope you sold yesterday

[rwdutch]

Bye , I’m buying today!! Lol

[moneym8ker]

This stock is absolute GARBAGE!

GPRE has been my play since late 2020 and it’s up over 600%


ALTO needs constant babysitting and nonstop calls to ALTO management to find out just WTF kind of business they’re running.

This company cannot even pay off debts or their monthly bills without selling facilities at a loss.


Avoid this stock. It’s garbage.

In February they started their ALTO Twitter and haven’t even used it one time since they rang the bell at the NASDAQ in February.

I’m lucky I got in so low. Today...I’m selling. I’m selling every last share of this garbage stock.

[moneym8ker]

Lololol!

ALTO just surrendered over two weeks of gains in the first 3 hours of today’s trading.

I haven’t found any news that commands a near 10% loss so far this session...so it must just be because ALTO is a terribly managed company with a poor performance track record and a record for zero investor transparency.

[Paullee]

read the documents, they were sold to pay the taxes on their other free stock

[moneym8ker]

I’ll ask again...

Why are Company Officers SELLING shares?

[stocksmanjr]

ALTO Form 10-K highlights Filed 03/26/21 for the Period Ending 12/31/20:

link to 10-K

*Net sales were $168.8 million, compared to $357.6 million.

*Cost of goods sold was $155.2 million, compared to $354.4 million.

*Gross profit was $13.6 million, compared to $3.2 million.

*Selling, general and administrative expenses were $6.7 million, compared to $11.8 million.

*Operating loss was $14.2 million, compared to $37.9 million.

*Net loss available to common stockholders was $20.5 million, or $0.30 per share, and included an impairment charge of $24.4 million related to thecompany’s Western assets. This compares to a loss of *$41.4 million, or $0.85 per share, for the three months ended December 31, 2019.

*Adjusted EBITDA was $16.4 million, compared to $1.9 million.

[moneym8ker]

Sheesh?

Why is the ALTO CCO (Chief Compliance Officer) selling his shares?

He’s the guy who’s in charge of making sure ALTO execs and employees are following regulatory requirements and compliant with policies and procedures.

Makes me wonder if he knows there’s an issue with ALTO regulatory compliance.

[moneym8ker]

Yeah...

Overall the numbers are good EXCEPT the net sales and loss per share.

Wall Street was looking for higher net sales and a profit per share of $0.30.

That’s why this stock has been nearly or over 20% all morning.

I think that ALTO should have issued an 8K warning investors of terrible net sales.

Instead they issued press releases of how successful their specialty alcohol unit was doing.

Those press releases were terribly misleading.

[stocksmanjr]

$ALTO Financial Results for the Three Months Ended December 31, 2020 Compared to 2019

?Net sales were $168.8 million, compared to $357.6 million.
?Cost of goods sold was $155.2 million, compared to $354.4 million.
?Gross profit was $13.6 million, compared to $3.2 million.
?Selling, general and administrative expenses were $6.7 million, compared to $11.8 million.
?Operating loss was $14.2 million, compared to $37.9 million.
?Net loss available to common stockholders was $20.5 million, or $0.30 per share, and included an impairment charge of $24.4 million related to thecompany’s Western assets. This compares to a loss of $41.4 million, or $0.85 per share, for the three months ended December 31, 2019.
?Adjusted EBITDA was $16.4 million, compared to $1.9 million.

[moneym8ker]

Wow!

What a huge miss on top line and bottom line results.


This reminds me of when the coke-head son took the helm after his dad passed away in the movie “Horrible Bosses”.

Jeeeesh

I got this one wrong for sure.

What will never cease to amaze me is the utter lack of compliance.


I’d think that an 8K would have let us know in advance that sales and orders had so enormously been missing expectations.

[moneym8ker]

If ALTO (and I mean IF) beats estimates then it’ll soar.


The problem is that ALTO (formerly known as PEIX) does not traditionally offer guidance and WS may not take kindly to that.

I guess we will see in about an hour or so.

[moneym8ker]

Lol!

This stock can’t seem to figure out which way it’s headed?

I still believe in Jesus take the wheel

It’s clear that Reddit may be trying to crush the low short percentage so there seems to be a “back-n-forth” between hedgies and retail.

I guess you just have to pick a side here.

[moneym8ker]

Correction: PEIX is ALTO.

Earnings after the bell.

Look for $0.24 per share on $234.25 million.

ALTO real time is down $0.08 per share @ $7.23 and gave up a nice gain with a session high of $7.66.

[moneym8ker]

Earnings out after the bell today

[stocksmanjr]

$ALTO Back towards 8 soon with next news release

[MarksTerritory]

4 dollars soon very bearish

[stocksmanjr]

Should ask member name Dutch1 they may have your answer

[mareen]

What commodity index or indices are useful to follow?

[moneym8ker]

Hahaaaaaa
Omfg
Haaaaaaaaaaaa

[Huggy Bear]

Just a recycled scam.

[stocksmanjr]

ALTO is well underway with their plans to convert a significant portion of their production facilities from ethanol to more profitable specialty alcohol production and sales are up.

[stocksmanjr]

Go $ALTO - Keep selling lots of medical and food grade alcohol, wet and dry distillers grains, quality yeast, high protein feed, pet food, and renewable fuel. ALTO is not just about ethanol any more. The future is bright for ALTO as their 2021 specialty alcohol production has already been contracted at fixed prices for terms of one year or more and they expect long-term tailwinds from continued growth in demand for specialty alcohols and essential ingredients.

[moneym8ker]

This is my last post to you.

Here:

https://www.google.com/amp/s/seekingalpha.com/amp/news/3646471-pacific-ethanol-pares-down-debt-creditor-repayment


Sheesh man!?!?!?


What aren’t you understanding here?

They raised $105 million dollars and they paid down under $30 million.

It reduced REVOLVING (that’s basically their AMEX or Visa or MasterCard) debt to $30 million.

They restructured the rest AND YES...this was in a press release and the SEC filing.

That’s it man. I’m not here to do your DD.

I’m happy that the stock is going higher.
I hope it makes you and me a lot of money.

[stocksmanjr]

My facts? You posted that

It’s in their press release.

Why in the world would you need a link to press releases you can easily see right here in iHub?

Can't see it in iBox can you?

[stocksmanjr]

moneym8ker I see nothing from about a week ago. The name change pr was posted Jan 13 (3 weeks ago) with no mention of only paying off only $30 million and restructuring the rest. The previous pr with info regarding what you posted is dated 12/21/2020, or over 6 weeks ago.

In 12/21/2020 pr the company states

Pacific Ethanol Pekin, LLC and Illinois Corn Processing, LLC paid $24.9 million in connection with the amendments, repaying all term debt and reducing the borrowers’ revolving lines of credit to $30 million in total...expects to be net term debt free, meaning its consolidated cash exceeds its remaining term debt, at the end of 2020.

They didn't just pay off 30 million like you posted, they reduced the debt from $135 million to $30 million. Huge difference.

Get your facts straight or feel free to provide another link to substantiate your claims. Were you looking at a different iBox?

[moneym8ker]

It’s in their press release.

Why in the world would you need a link to press releases you can easily see right here in iHub?

[stocksmanjr]

Link for those statements?

About a week ago they announced that instead of paying off that debt they opted to pay only $30 million off and restructure the rest.

[moneym8ker]

I saw that.

It’s a respectable firm.

As we are seeing today, when the markets are so broadly down and have seen so much volatility this week it could the stock could easily go much lower before a trek to $11.00.

It’s like that old phrase where people throw the baby out with the bath water.

[mareen]

Ok. Opportunity is out there to expand and diversity production. I have no problem at this time with management decisions. I would like to see some updates. My guess is we will see ALTO go lower with the market. That is not a judgement, btw, just general market conditions.

As far as the fee for the registration change, it is Very expensive for small investors, and if we are lucky the share price will try to compensate.

[Paullee]

Target 11 by Guggenheim today