Alto Ingredients Inc (ALTO)

[gr8investment]

Great Posting from Beacon Equity Research on PEIX! Posting came in right after close and points out a growing company that is way outperforming 2010. Look for a large increase tomorrow! Get in if you are able. Always a good thing to see positive forecast publications. PEIX



"Pacific Ethanol Inc. (NASDAQ: PEIX) produces and markets low-carbon renewable fuels in the Western United States through four ethanol production facilities located in California, Oregon and Idaho. The company owns a 20% interest in the four plants, which represents the single largest ownership position. The plants have a combined production capacity of 200 million gallons per year. The company’s renewable marketing subsidiary is Kinergy Marketing.

Pacific Ethanol earlier this month announced that it altered the terms of its senior convertible notes. The altered terms lowered the company’s monthly amortization amount due under the notes and extended the maturity date by three months.

The amendment reduces the company’s monthly payment obligation and with improved cash reserves provides it with greater flexibility to meet its debt obligations and ongoing liquidity needs.

Late last month, Pacific Ethanol announced its second-quarter financial results. The company reported net sales of $214.6 million, a record and up from $76.8 million reported for the second quarter of 2010. The company sold a total of 100.6 million gallons in the second quarter of 2011, compared with 65.4 gallons sold in the second quarter of 2010. The year-over-year increase in net sales was driven mainly by the continued strength in Kinergy’s marketing business with a 49% increase in third party gallons sold and a 67% rise in average sales price per gallon."

See whole article at the link below
http://www.beaconequity.com/renewable-energy-stock-in-focus-pacific-ethanol-review-2011-08-17/