Thursday, September 18, 2014 12:09:41 AM
In june it was 4.84 roughly, today its 3.61 peix pays spot corn price for the most part as neil has mentioned before in CC
Ethanol avg price in June was 2.70 today its 2.07 I did not look up west coast price today. Ethanol future for October are 1.70 add west coast premium to that of at least 20 cents.
We are still good. Since june corn cost is down by about $1.20 where as ethanol price is down about 70-80 cents?
Just quick and dirty math. we are still good with margins even after operating costs.
While I am at it, I might as well chime in on the nonsense that is happened with price. I am not happy i have lost quite a lot of money in the past 7 days of trading here, but it was all profit. Damn hind sight.....
anyways if you have followed this stock as long as i have you will see that neil plays dirty. If you do not think he is involved in this manipulation you are sadly mistaken.
Something is definitely up, i would not be surprised if someone has attempted to shake up management. Think about it goldman all of sudden has about 1.2 million or so shares now? soon as neil realizes it, he amends the companies policy. Why else is paying off debt at a fast pace. Why is peix paying warrant holders to off load shares? For all we know he may have pissed off some big holder and now with some bad news industry wide they are just piling it on.
Absolutely no way day traders are doing it. Someone big is just raping it down and selling their own shares to themselves at lower and lower prices and picking up all they can on the way down from panic. I mean yesterday all ethanol companies closed green and high, what does peix do? 19.50 high and close 18.72? come on? and to start the day someone dumps at 18.50
Whatever is happening just close your eyes and chill, if you can and do not sell. Wait it out, After Q1 we went to 18+ and then 10.60s and look then almost 24.
Be patient, let the game play out as it will.
If management of peix is not involved they all would have bought shares by now, come on neil you sold at 21+ 25K shares, buy some now at 17.
Recent ALTO News
- Alto Ingredients, Inc. to Present in the 26th Annual H.C. Wainwright Global Investment Conference • GlobeNewswire Inc. • 09/03/2024 12:30:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 08:35:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/06/2024 08:21:10 PM
- Alto Ingredients, Inc. Reports Second Quarter 2024 Results • GlobeNewswire Inc. • 08/06/2024 08:05:20 PM
- Alto Ingredients, Inc. to Release Second Quarter 2024 Financial Results on August 6, 2024 • GlobeNewswire Inc. • 07/30/2024 12:30:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 08:15:43 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 08:13:30 PM
- Alto Ingredients, Inc. Reports First Quarter 2024 Results • GlobeNewswire Inc. • 05/06/2024 08:05:21 PM
- Alto Ingredients, Inc. to Release First Quarter 2024 Financial Results on May 6, 2024 • GlobeNewswire Inc. • 04/29/2024 12:30:15 PM
- Alto Ingredients, Inc. Appoints Todd E. Benton as Chief Operating Officer; Michael D. Kandris to Continue to Serve as Director • GlobeNewswire Inc. • 03/21/2024 12:30:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/11/2024 08:18:04 PM
- Alto Ingredients, Inc. Reports Fourth Quarter and Year-end 2023 Results • GlobeNewswire Inc. • 03/11/2024 08:05:08 PM
- Alto Ingredients, Inc. Enters Letter of Intent with Vault to Advance Carbon Capture and Storage Initiative • GlobeNewswire Inc. • 03/11/2024 08:02:21 PM
- Alto Ingredients, Inc. to Participate in the 36th Annual Roth Conference • GlobeNewswire Inc. • 03/05/2024 01:30:06 PM
- Alto Ingredients, Inc. to Release Fourth Quarter 2023 Financial Results • GlobeNewswire Inc. • 03/04/2024 01:30:24 PM
- Alto Ingredients, Inc. Publishes Sustainability Summary • GlobeNewswire Inc. • 12/11/2023 01:30:04 PM
- Alto Ingredients, Inc. Extends Term Loan Commitment Period • GlobeNewswire Inc. • 12/06/2023 01:30:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2023 09:32:32 PM
- Alto Ingredients, Inc. to Participate in Upcoming Conferences • GlobeNewswire Inc. • 11/08/2023 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/06/2023 09:19:10 PM
- Alto Ingredients, Inc. Reports Third Quarter 2023 Results • GlobeNewswire Inc. • 11/06/2023 09:05:29 PM
- Alto Ingredients, Inc. to Release Third Quarter 2023 Financial Results • GlobeNewswire Inc. • 10/30/2023 12:30:00 PM
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM