Alto Ingredients Inc (ALTO)

[Dutch1]

I wouldn’t hold my breath, based on the accuracy of previous statements.

There won't be a drop below $1 after the Q1 earnings report. Remember, the market consensus is for higher earnings.

I expect Pacific Ethanol to beat their pitiful Q1 expectations, causing a big rally in their stock price, bringing it much closer to their $6.50+ book value.

There's another reason for the rally. Last Wednesday, six Form 4s were filed by various company officers. These documents all showed the acquisition of tens of thousands of shares of PEIX stock.

The price is rallying because of the market's expectations for better year-over-year quarterly and annual results, and yes, I agree with those expectations.

I think there's a better-than-even chance that the PEIX price will close above $2 before the end of this calendar year.

PEIX stock can't live up to the expectations, but those expectations are for continued bad results.

Yes, they have decent results and they're in the energy business, which is witnessing a rising price for oil and gas, so yes, their stock price should be rising.

These statements where all made when PEIX was still above $1. PEIX share price is now 33% lower.