Replies to post #28275 on Alto Ingredients Inc (ALTO)

[pavement13]

For what it's worth, Dutch, I highly doubt Q4's numbers week be negative. The merger was announced on 12/31 with a requirement of a share price of $10 just prior to the merger to be finalized. PEIX would have known their numbers for Q4 at that time so I'm assuming they felt they justified at least $10. And at least now, the negative margins are a result of overproduction and not expensive corn. That's a situation that is manageable and should be easily rectified.