Alto Ingredients Inc (ALTO)

[Plague]

PEIX red flags.

Oh no, I can assure you there is far more than that.

1. Company made only 1 cent per share last quarter. Exclude things that won't be on next quarter's earnings. So next quarter, if they increase profit by 25%, they will still only make 1 cent per share. Maybe 2.

2. They have breached their contract with preferred shareholders and have not paid their dividends in years to them.

3. Company says they have only 20% of HoldCo. They need to clarify this further.

4. Company has gone bankrupt once. Nothing has changed that would indicate they won't again eventually. It failed once and they are doing the exact same thing. This time they are lucky with prices. (for now)

5. Company will be DELISTED if they do not get above a dollar by 2012.

6. They have already used a reverse split once this year. It is likely they will again to reach a dollar. (goodbye to all your money if they do that)

7. Real daytraders make fun of this stock. ;)