Alto Ingredients Inc (ALTO)

[Rule_62]

I think the increase in institutional ownership can only be seen as a strong vote of confidence. The end date of the reporting period coincides almost perfectly with the bottom of the slide in ethanol margins (September 30th vs October 2nd). If they were going to bail, they would of done so by the end of the quarter.

I wonder how many selling at present are even aware that West Coast margins are back up to the levels prior to the slide. For that matter I wonder how many are aware that the environment all this quarter is conducive to Kinergy booking profits on buying and selling.