Replies to post #6137 on Alto Ingredients Inc (ALTO)

[Frankiy]

very nice find!

[bullmarket2222]

The answer to this is no.

I believe the rules on insider buys would prevent the purchase of shares while in a buyout situation or talks.

The United States has been the leading country in prohibiting insider trading made on the basis of material non-public information.

BULL

[QTRADERQ]

So your saying Valero could buyout PEIX up to $6 per share. Nice

The potential buyout scenario suggests that if Valero or some other refiner wanted to, given the margins that exist in the industry and knowing what the investment per BOD of capacity is, you could expect a really attractive ROR.... In fact, to make this an equal investment to a greenfield oil refinery project, Valero or someone else would be willing to pay up to $6 per share, and still get the same rate of return....