Alto Ingredients Inc (ALTO)

[moneym8ker]

I’m not shorting PEIX.

I’ve never shorted PEIX.

I don’t know what you’re talking about with a Covid Vaccine. PEIX doesn’t sell any vaccines.
PEIX got into disinfectant and specialty alcohols and ditched nearly half of their ethanol.

Don’t you think it was a little premature to ditch so much ethanol before Canada increased allowable Ethanol levels in their gas and Biden got elected?

How about this?

I’m bearish PEIX because they closed $75 million dollars in share offerings and it’s terribly dilutive to shareholders.

You don’t have to be short PEIX to realize that this dilutive offering is super toxic to anyone who owned shares above $6.85 and I’ve been right so far.