Cannon Exploration Inc. (CNEX.PK)

Cannon Exploration Inc is headquartered in Oklahoma. Currently, the shares of Cannon Exploration Inc are listed on the Pink Sheets under the stock symbol CNEX.PK. The Pink Sheets is the "bottom of the barrel" on the Wall Street food chain. Don't let their low prices or interesting stories cloud your judgement. When trading Pink Sheets stocks, you are exposing yourself to additional risks which may not be present on better exchanges.

In total, 106 employees are working at this mid sized company. Cannon Exploration Inc is probably employing enough people to support the company's expansion. Consider the operational costs of a staff of this size when evaluating investment. If you are evaluating an investment in this company, you should carefully consider the importance of the number of employees working there.

On Dec 31, 1969 the share price of the company's stock was $0.04. Currently, the share price of the company is 99.99 % lower than its 52 week high of $425.00. Judging from the low share price under $1.00, there appears to have been little to no improvement in the company's financial performance, thus keeping the share price so low. The stock is hitting new 52 week lows. Counter-trend investors might find this an opportunity to buy some of it. But such an approach may not always be successful. The stock is illiquid. The small amount of buying or selling can substantially impact the price of this stock.