Replies to post #13315 on Alto Ingredients Inc (ALTO)

[kel3]

balances remaining on these contracts were


$1,678,000 and $9,186,000 as of March 31

5,000 Bushel Contract @ $1,800.00

$1,678,000 + $9,186,000 = $10,864,000

$10,864,000/$1,800.00 (5000 Bushel Contracts)

= 6,035 Contracts

Thats If Its All Corn

They May Be Holding Natural Gas Contracts,Which Have Gone Up by 1/3 Since then.

& Some Were Probably Un Paid Ethanol Contracts

(6,035 Contracts x 5000 Bushels Potentially)

= (30,175,000 Bushels)

The Price per Bushel On March 31,2012 Was =http://barchart.com/chart.php?sym=ZCU12&...


Guess What It Is Now ?

$8 per Bushel
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