Alto Ingredients Inc (ALTO)

[petermic]

That $4.5 million price looks like about half off to me, so yes. Plus they will likely experience short term earnings that might well pay off the investment in a single year.

Great deal for Pacific Ethanol, the company, seems to me. But it undermines the value of PEIX, the stock, since it exposes the true value of the plants.

I agree that my thinking is longer term than most people here. I was in the business of buying whole companies, so I think of stocks as only a share of the whole, not an independent crazily priced trading vehicle.