Alto Ingredients Inc (ALTO)

[Vick1]

i think what i noted can predict a down day for pps, but how much down it will go i have no idea. I only recently started to pay attention to L2 closely after the pps drops post Q1 results. Especially when it was holding around .67/.68 and boom all of sudden down to .53

I am still long in PEIX until end of this year but hey if i can figure out a way to sell at .69 (someone picked up good 15k chunk at that price yesterday) and predict it will come lower and buy .05 cents lower why not. Extra 4-5k shares for me in the end and if it hits the $2 mark extra $10k in my pocket

And even though pps today premarket was .60 same trend was not there today so i know we will close up today above .63 Unless it is shorted down the MM will make sure it closes above .63 today. Reason i say that is if you watch L2 and price is being moved up

For ex: Bid is .64 and ask is .65
some clown will place the ask at .6401 and the auto MM trade will decrease the .64 bid down to whatever .635 or .63 or whatever