Alto Ingredients Inc (ALTO)

[ADVFN_jk1550]

Hi Rule,
Very interesting graph.
The first obvious fact I see is that the peak margin in the 4th qtr. of 2013 was just slightly higher than the average for the 1st. qtr margin for 2014. This means if management sold production at 4th qtr peak ahead of the first quarter, margin performance for 2014 would be $.90 plus maybe 50% of the s.d which I eyeball to be $.30 so my prediction is that average margin for 1st qtr would come in at about $1.20 per gal.

sd= standard deviation