Canandaigua National Corp. (CNND.PK)

Canandaigua National Corp is based in New York. Currently, the shares of Canandaigua National Corp are listed on the Pink Sheets and Over the Counter Bulletin Board (OTCBB) under the stock symbols CNND.PK and CNND.OB, respectively. Trading Pink Sheet stocks is one of the risky forms of investing. Due to the fact that the company is listed on two exchanges, they may have the ability to draw a bigger investor following than their pink sheets peers.

They are a mid sized company with 284 employees. The company should have enough employees to implement their ongoing business plan. But the cost of all of these people is not cheap. When evaluating investment opportunities, it is important that the company be adequately staffed with qualified personnel. You should carefully consider the corporate headcount.

On Jan 6, 2009 the share price of the company's stock was $207.00. The company's share price is 34.29 % lower than its 52 week high of $315.00 at present. Although this still may be a pennystock by our definition, the share price is at the higher end of the range for a pink sheet company. The price is hitting yearly lows, meaning the stock's performance has worsened. The situation calls for additional research before considering this stock. This stock is trading with little average volume, which indicates potential problems with liquidity.