Replies to post #25438 on Alto Ingredients Inc (ALTO)

[wadegarret]

Dutch- 120K shares is only 1% dilution

Cmon, all this talk about how awful what NK did is a little overblown IMO, regardless of what they said in the filing. I mean, as others have pointed out, they didn't say they definitely wouldn't pay dividends with stock.

To me, the fact that PEIX historically has paid their preferred dividends with common stock is important, as it's not anything new.

We are ignoring the main picture here, which is margins are growing again, and production continues to grow huge going forward. The crush spread is getting larger, and if it keeps up, we will see some spectacular quarters ahead. My speculation at this point is, even with 25M shares and a 35% tax rate, that PEIX will post $.50+/qtr going forward. With the stock at $12, it's like a 6 PE going forward vs 10 for their peers. What else really matters ?