Alto Ingredients Inc (ALTO)

[Dutch1]

Please let me know what you think of this chart. This is a bit of an improvised chart. It combines the PEIX share price (the blue part), with oil (the bars), Ethanol (the red line) and Corn (the orange line)

It seems to me that PEIX is following mostly after the Oil price. In the beginning PEIX is following more after corn and ethanol (or are they following the ethanol companies?) But after a drop, Corn and Oil mostly stayed level. But Oil and PEIX kept on dropping.

Maybe this is what MortenM tried to poin out more? Due to lower production they managed to keep the Ethanol price higer (but how does this effect the corn price? Less production would mean less need for corn, so lower corn prices?)

The PEIX part is not completely inserted accurate, but it gives an idea.