Alto Ingredients Inc (ALTO)

[quitdayjob]

Bought shares today. Been waiting for weeks to buy right before 10Q comes out this afternoon. Doesn't matter if thinking covid cure is now available. Peix is selling, making money and report will prove that this now is undervalued. Peix, going up!!!

[ClayTrader]

* * $PEIX Video Chart 11-05-2020 * *

Link to Video - click here to watch the technical chart video

[Jess070283]

Back to double digits we go!$$$

[whytestocks]

Breaking News: $PEIX Why Pacific Ethanol Stock Shot Higher Today

Shares of Pacific Ethanol (NASDAQ: PEIX) , which makes alcohol products for disinfectants, beverages, renewable fuels, and more, soared higher Thursday morning, trading up by 24% as of 12:19 p.m. EST. But there was no obvious reason for that sharp move. Nothing tied to the elect...

Got this from PEIX - Why Pacific Ethanol Stock Shot Higher Today

[whytestocks]

News; $PEIX Pacific Ethanol to Participate in Upcoming Investor Conferences

SACRAMENTO, Calif., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Pacific Ethanol, Inc. (NASDAQ: PEIX) , a leading producer of specialty alcohols and essential ingredients, announced that management expects to participate in the following virtual investor events in November. Stifel 2020...

Read the whole news PEIX - Pacific Ethanol to Participate in Upcoming Investor Conferences

[moneym8ker]

We are going to get the name change soon?

You will not see a name change until 2021.

How’s that for soon?

[moneym8ker]

There’s no emotion here.

PEIX just closed a $75 million dollar offering.

That offering was directly for shares and warrants for shares.

If you think it’s improbable that PEIX goes back to under a dollar then you should have owned them when they were at $.022 and someone said they are going to $11.00 or higher.


PEIX should have used cash on hand to buy back shares. What they should not have done was leaned on the tired investors who finally saw the light at the end of the tunnel and diluted them once again.

Shareholders watched as management sold shares to lenders so they could buy facility after facility and they promised each one to be accretive...and they weren’t.

Now they’re saying this deal will pay off debt and be accretive.

Shareholders kept being fed shit and told it’s caviar.

Proof is in the pudding.

[price_and_volume]

Appreciate your viewpoint - you could be right.

As I said, I have no opinion, and just reposted a link I got in an email without doing any research on PEIX.

Not involved in the stock, not even looking at it.

Looks like it's had a nice run, for those that got a piece of it.

GL to anyone still involved.

[rwdutch]

‘I can see PEIX at under $1.00 per share based on this crap. ‘


Do you think this will go under a dollar?
Really hate so much emotional description wIthout the analysis of paid off debt , locked in 2021 alcohol contracts, etc.

We get name change soon with new CEO , new business strategy and little debt . Things are looking positive to some of us .

[mareen]

So sorry to disappoint you. I am not an expert. Also, I am not all knowing. I am waiting. If you are out of Peix, then chill. We will likely both be wrong.

[moneym8ker]

WTF are you talking about?

The low share count?

Have you lost your mind???

They literally did this:

They hired H.C. To sell shares

H.C. Then upgraded their share price target to $16.50


Then they announced an “oh by the way” SEC filing where they said that H.C. was spearheading a stock sales campaign in an effort to get the highest share price that they could.

Then H.C. and PEIX announce that they are new owners with a 60% discount of over 5 millions shares which means they can all sell their immediately available shares at a 100% profit!


I hate talking to people who cannot read SEC filings and understand them.

You are going to lose everything and this is my last post to you.

[mareen]

Anyway, I am only watching for a while. Not nimble enough to day trade.

[mareen]

Lol. Ok. But if it goes that far down, I will have to reconsider the whole trade. but you might consider the low share count even after the recent Share issue. also, they are said to have contracts going forward a year.

[moneym8ker]

Doesn’t matter

I’m
Out

Have fun

You’re going to lose

This stock is headed towards $1.00 per share or less.


Do you even know what a $75 million dollar share/warrant with a 60% discount does for a stock.

I’ll give you a clue:

Take that stock price and cut it in half.
Now take that same stock and don’t cut it in half...cut it by 60%.

That’s where PEIX is headed

See you there and I’ll be a buyer there

[moneym8ker]

Yo Bruh...
It’s already in the $5’s and it posted a brand new lower low.

This thing is headed to $1.00.


If you haven’t seen it, they already posted preliminary ear rings which showed a near 40% loss in revenue.


Clearly, PEIX cannot switch from ethanol to alcohol overnight.

You’ve overpaid to support this scam stock.

My $6.00’s are being sold as we speak because I’d rather rip that band aid off than be a baby and tear it off slowly... it’ll bleed either way so may as well get it over with.

Enjoy you slow bleed

[mareen]

Nah. You wish. We have election jitters, earnings post election, and had a big run. They issued shares to retool, and pay down debt, and we have a second wave starting. I doubt it will get to 5, but if so it will be attractive.

[moneym8ker]

There is no support on a stock that ran from $0.22 to $11.00


I’m long PEIX and bought more today at $6.00.

I’d love to see it run but this crap with HC has me worried about the play.

It is a matter of time before law firms start announcing lawsuits and you’ll be a fool to buy over $5.00

[mareen]

Too negative. Support is low 5s. Be neat if it gets there, if you want a good price.

[moneym8ker]

Do NOT buy this dip.


There is no dip here.
PEIX ran from $0.22 to over $11.00.

They actually topped out at $11.44 which coincidentally is 10 code for Dead On Arrival here in San Diego.

Since then it’s fallen almost daily and hit a new low of $5.80 today.

They priced a $75 million dollar offering and they should have used cash on hand to purchase their stock but instead this new money hungry CEO decided to place the burden of available cash on shareholders.

Once again, PEIX has chosen to use shareholders instead of good old fashioned actual work.

I can see PEIX at under $1.00 per share based on this crap.


By the way...
Before you decide to buy...
call their corporate office. You’ll get voicemail all day long during normal working hours.

That voicemail will prompt you to press 1 for investor relations and you’ll get another voicemail.
Leave a message. They won’t call you back.

Once you’ve done that, then you can decide to invest.

[price_and_volume]

PEIX buy the dip?

I have no opinion, but got this in today's email:

https://seekingalpha.com/article/4382603-pacific-ethanol-buy-dip

Summary

+ Shares on the retreat after rallying more than 3,000% from March lows on the combination of broader market weakness and a surprise equity offering.

+ Company announces strategic shift from renewable fuels to specialty alcohols and essential ingredients after the COVID-19 pandemic caused demand for sanitizers and disinfectants to soar.

+ Discussing the underwhelming terms of Monday's surprise equity offering, the company would have likely fared much better by simply selling more shares into the open market.

Expect demand for the company's high-quality alcohol products to remain strong for the foreseeable future. Adjusted EBITDA should exceed $125 million next year.

+ Buy with both hands going into the company's third quarter earnings release and conference call on November 9. At a very moderate 6x Enterprise Value/Adjusted FY2021 EBITDA ratio, the short-term price target for the shares calculates to $9.

[moneym8ker]

The shorts barely hold 3.5% of the float.

Even if all short positions had to cover it’d be worth a blip...a barely green day on a chart otherwise buried in red.

Less than 1.8 million shares short.

That’s less than 25% the average daily volume to cover.

I personally love the stock and the new direction with alcohol and sanitizers and the shift away from ethanol.

I initiated a new position yesterday @$6.05 so I’m long SFOR but I have some questions for PEIX:

1.) The HC Wainwright connection seems super shady to me. How can a management company like HC hold a position that wasn’t disclosed and then issue such a lofty share price target without it being insider trading or at the very least a conflict of interest?

2.) Why would PEIX offer $75 Million in shares? At the time of the filings the stock had soared from $0.22 to over $4.00 per share. Why not use the cash on hand to buy back their own shares? Why dilute the shareholder?

3.) Yes, a run from $0.22 to $11.44 is nothing to complain about BUT what about the investors who bought years ago at $15.00 or $19.00 and suffered massive losses from those prices down to $0.22?
Those investors finally saw a glimmer of hope on this monster run to $11.44 only to see the stock priced nearly cut in half ($5.92 yesterday) over the last few days because of this highly dilutive offering.

Like I said, I’m long PEIX but these are serious concerns. I would love to see SFOR be a long term play for me but I’ll sell the moment a profitable trade turns into a break even event or a loss.

[sweet crude]

Shorts gonna lock in gains here to cover soon

Brutal no doubt, but once market bounces look for short positions to lock in gains and see this spike back up fast.

But kudoo's for anyone short cause this was panic liquidation. Still see $10+ after election

[sweet crude]

Demand for alcohol sanitizer will be huge

As COVID-19 explodes through fall and winter demand for alcohol based sanitizer will be explosive.

Add in this highly profitable for PEIX its only matter of time this see a major short squeeze back above $10.....and like really SOON!

PEIX = alcohol sanitizer + covid

[sweet crude]

PEIX placed on watch as COVID-19 play!

Alcohol Sanitizers and COVID-19

In case you haven’t been paying attention to the market COVID-19 cases are surging again as we head into the fall/winter season. This has resulted in new and pending lockdowns in Spain, France, Germany, Italy, UK, and Ireland.

In a note to subscribers, Ludlow Research placed PEIX on its watch list stating, “With coronavirus cases spiking to record highs in the US we could start to see targeted shutdowns in select areas the US, especially as hospitals reach full capacity. This could draw investor interest towards PEIX as supplier of alcohol for sanitizers and healthcare market, along with their improved revenue outlook.

H.C. Wainwright raised its price target on PEIX to $16

https://tradermadness.com/alcohol-for-sanitizers-places-pacific-ethanol-on-watch-as-covid-19-surges-1028/

[mareen]

Well, personally, I'll feel more comfortable with a lower entry. It has gone up too fast on estimates and speculation. I think product diversification potentially is a good idea.

[moneym8ker]

It’s not about looking or finding it somewhere because it’s all over the news and filed with the SEC.

They are changing their name but they haven’t said what it will be.
They are not leaving the ethanol/renewable fuels space but they are shifting product priorities.

All of this sounds great BUT this WC Rainwright business has me worried.

WC was involved in a securities placement for PEIX while giving them an upgrade on the stock and giving them a $16.50 price target.

[mareen]

I saw somewhere they are issuing 7.5% more stock, as well as strategic change and a name change. Cramer said yesterday to wait as peix is looking for a new base.

[moneym8ker]

Is this HC Wainwright upgrade insider trading?

I don’t see how it’s legal to have a stake in the company common stock and then issue an upgrade.

Then once the agreement is terminated the stock craters by nearly 40%.

[sweet crude]

Specialty alcohols largest contributor to revenues

"specialty alcohols used in consumer products are now the largest contributor to our revenues"

So PEIX recent run was based on growth in this area, and now could even double

[sweet crude]

Specialty alcohols sell at premium to ethanol

Specialty alcohols used in consumer products sell at a premium to fuel grade ethanol

[stocksmanjr]

New 5 year $$ highs being printed

[whytestocks]

JUST IN: $PEIX 5 "Strong Buy" Stocks Under $10 to Own for 2021

United Micro Corporation (UMC), Wipro Limited (WIT), CimbaBay Therapeutics (CBAY), Pacific Ethanol (PEIX) and Surface Oncology (SURF) are five stocks, under $10, that are rated "Strong Buys" and should continue to see gains in 2021. Plenty of tech stocks and other growth-oriented stocks ...

Find out more PEIX - 5 "Strong Buy" Stocks Under $10 to Own for 2021

[whytestocks]

News; $PEIX Why Pacific Ethanol Stock Popped 12.5% Today

Shares of corn-based alcohol producer Pacific Ethanol (NASDAQ: PEIX) closed 10% higher at the end of Monday trading. There wasn't any specific news driving the stock higher...except for the news that you cannot possibly have missed. Just before 1 a.m. Friday, President Donald Tr...

In case you are interested PEIX - Why Pacific Ethanol Stock Popped 12.5% Today

[ClayTrader]

* * $PEIX Video Chart 09-29-2020 * *

Link to Video - click here to watch the technical chart video

[whytestocks]

JUST IN: $PEIX Why Pacific Ethanol Stock Just Popped 14%

Investors in ethanol producer Pacific Ethanol (NASDAQ: PEIX) are having a terrific year. Since 2020 started -- and the COVID-19 crisis with it -- the company has evolved beautifully from a producer of unprofitable gasoline additives into a producer of very profitable hand sanitizer ...

Find out more PEIX - Why Pacific Ethanol Stock Just Popped 14%

[Hitbodedut10]

Only info I know is Q3 is supposed to be very good.

[quitdayjob]

Never heard of this stock until now. Looking on Investors observer website. Out of all the stocks in marker. Pacific Ethanol had the highest rating...98/100. Getting in on this stock first thing monday morning. Did some DD about PEIX. Seems promising for sure. Are there any on this board who may have some interesting upcoming info about stock or share price? Much appreciated

[mareen]

Looks like mid to low 5s to cover that huge gap. Then, we rock!

[ClayTrader]

* * $PEIX Video Chart 09-22-2020 * *

Link to Video - click here to watch the technical chart video

[ClayTrader]

* * $PEIX Video Chart 09-21-2020 * *

Link to Video - click here to watch the technical chart video

[rwdutch]

Wowzer ... auto correct

[rwdutch]

Fitting! Wow zero is all I can feel.

[ClayTrader]

* * $PEIX Video Chart 09-18-2020 * *

Link to Video - click here to watch the technical chart video

[davidsson10]

PEIX = "Pay Me!"

[$treet $inatra]

PEIX awesome bull

[ClayTrader]

* * $PEIX Video Chart 09-16-2020 * *

Link to Video - click here to watch the technical chart video

[davidsson10]

PEIX: The gift that keeps on giving.....

[MrPoppaGeorgeo]

Been in and out of this one many times, been to busy to keep up with her.

[$treet $inatra]

crazy runner this one

[MrPoppaGeorgeo]

What a dumbass I was for not buy this when it was under $1