Alto Ingredients Inc (ALTO)

[moneym8ker]

No dude.

If you continue to prove a reading deficiency I’ll quit wasting my time replying to you.


You asked why I bought.
You did not ask why they jumped from 52 week lows to 52 week highs.


They very clearly moved in a big way after they shuttered nearly 50% of their hemorrhaging ethanol business and began specialty alcohols.

That’s not what you asked.
I bought them again because I believed that consolidation in the ethanol space could create a nice premium to the share price.

Either way, I was right to buy...and I was right to sell.