Alto Ingredients Inc (ALTO)

[Dutch1]

You may be reluctant to take a big position in this stock because of your personal history with it

Nope, I've been a long for many years now. I only sold part of it to invest in another stock. The observation of the behavior of PEIX has nothing to do with my personal history with them. It's just an examination of PEIX behaviour.

Also like I've said before, the behavior of PEIX has nothing to do with Greenshift. PEIX never ever reacted to any of the major court decisions in this case, which have been in the favor of PEIX and have been big wins. So the current and past stock movements of PEIX aren't in any way related to PEIX. It might be they lose the case, it might cost them some money. But PEIX isn't in as deep as other stocks are. PEIX is one of the later adapters of the corn oil extraction technology which the case is about. And it took them very long until they started using it at most plants. Also by buying ICP in 2017, PEIX became a licensed user of the GERS technology. So I don't expect much from that.
If PEIX would win their case, it also wouldn't do much for PEIX, since the case had never done anything to the price. PEIX will not get any money by winning. costs will be the same. Yes legal costs might be a little less, but they aren't as high as the legal costs for GERS, because the defendants are sharing a lot of legal costs.