Alto Ingredients Inc (ALTO)

[Rule_62]

I doubt they would shut Madera down while it's operating at a profit, or for that matter, unless they start operating at a loss for a sustained period of time. Given the production margins based on the PEIX formula, that hasn't happened. In fact, if yesterday's overall increase in the ethanol price shows up today in the California price, we could see the margin increase to well north of $0.80

If anything they might cycle the other 3 plants offline (one at a time) for maintenance. At present, however, I hope that isn't the case.