Alto Ingredients Inc (ALTO)

[Dutch1]

I'm not a TA hero, but when I look at the past of PEIX it always seems that most runs up have happened due to traders who only got in for a short period. Mostly days I think.

I got the feeling that these traders are not trading without news, but they really wait for the right moment.

Now when would this moment be, looking at PEIX today?
I think they know that the run up will be fast and and take about 3 or 4 day's. So you have to get in as fast as possible when it starts. Most likely, it will take until short before earnings (then possible the shorts will kick in), and when earnings are good the way up will continue.

So my guess, as soon as earnings date is set, volume will start rising, and at about a week until one or two day's before earnings it will be most likely to that you can make the most profit. After that, the risk will be higher again.

So if there is going to be a run up, the release earnings date could be a signal to make it start.