Alto Ingredients Inc (ALTO)

[Dutch1]

I've been in PEIX since 2011 and if there is one thing I've learned about it, there is no way to predict where it goes. I used to follow the ethanol and corn prices very closely, thinking that was of huge influence. And sometimes it was and sometimes it wasn't. Also news about the ethanol marked wasn't always of influence. The same goes for the numbers. It can drop on revenue and earnings beat, and also go up on a miss. The one thing you however can be sure of most of the times is that if it goes up after earnings, it will be followed by a more then reasonable drop. And if it drops, it will probably end green at the end of the day, only to end red the day's following. TA doesn't work for PEIX most of the times. And even though it might seem manipulated, following it longer you'll see, it's just the way it trades.

GL