Alto Ingredients Inc (ALTO)

[sashex001]

PEIX is my barometer for ethanol stocks and it is a predictable trade.
There was a time when I held a substantial position in Pacific Ethanol.
Unfortunately the combination of poor management and horribles investor relations drove me and other longs away.

Some of the SEC filing were so dumb that they bordered on fraud.

Is there hope for PEIX? Yes, but why risk a long shot when the market is booming.

I am watching carefully with plenty of liquidity because the long shot has a gigantic payoff.
There is no 1.00 target, if it heads to 1.00 there is no reason for it to stop. Today's 1 market cap is 50m but PEIX ravanue was 800m that is quite an imbalance.