HUGE news for $PBI this morning...... major competitor PCI just filed a WARN notice. Permanent closure of facility in Florida. I suspect the Indiana, Texas, and Massachusetts sites are ... not for long. VERY bullish for PreSort operations...
reactwarn.floridajobs.org/Wa…
Short sellers did their best (worst?) to try to tank $ALTO over the last couple of months with short interest rising from a million shares short to 4 million shares and now 6 million shares despite the company proving that they are now profitable in every quarter of the year...
$ALTO Chairman buys 50,000 shares. Open market.
Incredibly bullish! Stock should be over $6 after most recent earnings report.
sec.gov/Archives/edgar/data/…
Interesting opportunity today..... $ALTO should be following $GPRE higher shortly...... Ethanol market continues to operate in a goldilocks environment.
Here is the process going forward... there is really no question whether AB30 will pass the House or Senate... its just that no one ever thought it would get a vote at all and would just be killed on the Suspense File as all #E15 bills in California do. Not this time. #E15 approval in California is imminent.
In case you missed it, amazingly, AB30 was NOT axed by the California Suspense Committee.... #E15 in California in 2025 is now a very likely outcome!! The bill's progress will continue next week and will now get votes in both the CA House and Senate....
apro.assembly.ca.gov/system/…
In case you missed it, amazingly, AB30 was NOT axed by the California Suspense Committee.... #E15 in California in 2025 is now a very likely outcome!! The bill's progress will continue next week and will now get votes in both the CA House and Senate....
apro.assembly.ca.gov/system/…
You didn't miss anything. I assume anyone that had a negative assessment on the stock would now be super bullish upon learning that their interpretation of FCF just went up $75 million! Unless they are short of course... Afterall - this is the same person that just months ago said the company couldn't afford to pay the dividend and would cut it to zero 🤔🤡
Not sure I've seen anyone discuss $ALTO net operating losses (NOLs) of over $200M at both the state and Federal level.
At a 21% corporate federal tax rate, that alone is an asset of over $40M or >$0.50 per share just at the federal level.
$ALTO - the Pekin Campus is 250 gallons which puts an asset sale value today (before all the new benefits coming once) at $7.5-$8.33 per share. Add in the western assets and positive working capital over debt and you are at $8.5-$9.33 per share
Woah 👀 all the $GME OGs from the institutional side now in $PBI with the announcement that the original $GME activists, Hestia Capital, now own nearly 7% of the shares along with Bill Miller, Permit Capital, and DOMO Capital.
@ryancohen next?
finance.yahoo.com/news/exclu…
Great presentation by $ALTO today. Mgmt expects to soon earn over $100M EBITDA annually sans carbon capture which should generate an additional $60M a year (for a minimum of 12 years).
$ALTO now trading not only below book but below PV of cc project...
d1io3yog0oux5.cloudfront.net…
It doesn't factor.
$APRN never mae money despite some of the best conditions that could have possibly existed in this space.
With inflation the avg American can't afford $APRN and costs (including logistics) will skyrocket - current macro environment couldn't be worse for them.
Lol, that reminds me of the old @TheRoaringKitty streams. We used to joke about how they'd be making a movie about $GME someday and what actor would play who. It was Corey Stoll for me 🤣
"For God so loved the world that He gave His only begotten Son, that whoever believes in Him should not perish but have everlasting life."
Have a blessed Easter everyone!!
Great job @jonahtulis - it was amazing to see the story behind each person involved, what a memorable documentary! These two boys were clearly the stars of the show 😆 they were not at all expecting some of those photos hahahah
Imagine if there was a company smart enough to lock in their natural gas costs for the entire year back in November of 2021...
Oh wait... $ALTO 👀
seekingalpha.com/article/446…
Who could have predicted...
Still expect earnings to be pre-announced prior to March given the likelihood that $ALTO has probably absolutely crushed the guidance that they provided.
ir.altoingredients.com/news-…
Happy Thanksgiving everyone! Hope you are able to enjoy good food, drink, friends, and family! At @DOMOCAPITAL we feel blessed and grateful for all of your support, and we are thankful for the opportunity we have to help others.
$ALTO sells Stockton facility (retains a profitable business relationship) and repays all term debt - incredible transformation from a year ago:
ir.altoingredients.com/news-…
$ALTO
Ethanol and Corn - note the disconnect starting in October.
Q3 may have been tough, but what a fantastic management decision to shutdown and fix some bottlenecks. Should be printing money in Q4 and should help secure strong specialty alcohol contracts for 2022.
If you don't like math that's up to $50,000 a year per journalist up to 1,500 journalists.... that's a potential max benefit of $75 million a year... $GCI market cap is <$900M... separate legislation will allow newspaper companies to band together to negotiate as a monopoly...