Alto Ingredients Inc (ALTO)

[Harry Winston]

You may be reluctant to take a big position in this stock because of your personal history with it, but I've been accumulating it, and I like the short-term technical pattern I've seen. In addition, the appeal that this company filed recently in the appeals court, along with the appeals from the other defendants in the Greenshift lawsuit, gives them some momentum in the marketplace,

Greenshift may or may not have the strongest legal arguments, and the legal reasoning from the deceased District Court judge may or may bot be faulty, but this stock and Greenshift are both very risky investments, simply because of the amount of money that the Appeals Court could award to the winner of the suit.

Until the investors in PEIX and GERS see the light at the end of this tunnel (an announced date for a ruling by the Appeals court), it makes sense to hedge a bet on Greenshift stock with a bet on the stock of Pacific Ethanol.