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ALTO...NEXT NASY BEAST READY TO BREAK OUT@@
100% move in past month ..chomp
Chomp..
Beautiful days for alto
Earnings estimate is .31 pre release .
Lol. You sound so optimistic it's heartening. hope you are right.
Time to fly from rising demand?
On board !!!
GERS Receives Offer To Restart Litigation Against ALTO...
GERS Receives Offer To Restart Litigation Against ALTO...
A huge number of Alto calls traded today. Huge. Not a lot existing on the put side. Options expiration?
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.
Court news. 3 petitioners re blending exemption withdrew their claims. This opens up the demand side significantly.
This company thinking is outside the box. Nothing static going forward.
What a CRAP... ABSOLUTE CRAP Q1!
They swung from a loss per share to a profit per share of $0.06.
That was a mighty event.
How’d they do it?
Ohhhhh
They did it through selling shares and selling facilities.
Their revenue was a huge SWING AND A MISS.
Hence the pressure on the stock today after earnings.
Sheeeeesh...
Glad I sold.
Nothing material has happened in the last quarter.
ALTO is fully reporting. The cost of the Madera facility and operating it was above their sale price which means they lost money on the sale.
Alto keeps selling facilities and they keep selling shares via “share offerings”.
They keep doing these things instead of showing investors that they can turn a profit.
It’s no wonder that their share price is regularly under pressure.
Good luck but ALTO is a losing company...and what’s worse is that it’s ran by nepotistic dummies.
You deserve credit on GPR$ , looking for forward P/E correction on Alto. New management have a vision.
Well
I hope you sold yesterday
Bye , I’m buying today!! Lol
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.
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.
read the documents, they were sold to pay the taxes on their other free stock
I’ll ask again...
Why are Company Officers SELLING shares?
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.
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.
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.
$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.
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.
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.
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.
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.
$ALTO Back towards 8 soon with next news release
Should ask member name Dutch1 they may have your answer
What commodity index or indices are useful to follow?
Hahaaaaaa
Omfg
Haaaaaaaaaaaa
Just a recycled scam.
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.
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.
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.
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