Replies to post #17975 on Alto Ingredients Inc (ALTO)

[Logic1]

No comparison:

Increased EPS to $0.12 from a loss of $1.10 in the third quarter of 2010

The increase in gross profit was attributable to an improved commodity margin

Further it is my understanding their was 16 million cash. Clearly there is no comparison.

However because of the increased mandate, the purchase of sorghum and the estimated increase in revenue for the first quarter company is now in a great position to go forward. Aside from getting back 83 percent ownership. The fact they can delay debt is a plus and will be getting 2 million in cash bringing cash on hand of 8 million. Therefore we should see a bounce. How much I do not know.