Alto Ingredients Inc (ALTO)

[sashex001]

I completely agree with rikelme.
PEIX was clearly due for an uptrend, but the daily trades look ugly.
Every buy is followed by a quick sell and rite now there are better ethanol plays.

I'll keep watching for signs of life as the floor has been reached at least untill june.

Will it hit 0.60 befor june? Yes.

What bothers me are the continuous PRs saying 'We have come a long way, but need financing."

PEIX has come a long way, on the backs of investors.
If they want anyone to invest another dime PEIX has to bring proof that they are worth the risk.

Jusr my opinion.