Replies to post #26999 on Alto Ingredients Inc (ALTO)

[researcher59]

PEIX -.48 to 14.43, getting whacked again this morning. At least we don't have to worry about any warrant fair value charges for Q3 .... it will be a small gain instead, unless the stock rallies by 4pm.

My hunch is that we are near or at the bottom today, but I could be wrong .... however with the stock already down nearly $10 from the August high, what's another buck or two ??? I sure can't see it going under $12, barring significantly lower ethanol prices .... and those seem to have stabilized at around $1.60.