CardioGenesis Corp. (CGCP.PK)

CardioGenesis Corp is based in California. Its shares trade under the stock symbol CGCP.PK, on the Pink Sheets. Due to their very nature, Pink Sheet stocks are risky.

32 employees are working in this small company. The company's employee count looks like it can be currently adequate for running their small business. You should give important consideration with regard to the number of people at the company, when you are evaluating an investment opportunity.

The share price of the company reached $0.15 on Jan 5, 2009. At this moment, the share price is 66.28 % lower than its 52 week high of $0.43. The low share price may indicate possible ongoing problems associated with the company's financial position. 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 has issues with liquidity. Once bought, such shares might be difficult to sell.

The company has recently announced news. CardioGenesis Corp on Dec 02, 2008 announced the following news " Cardiogenesis Announces Addition of Raymond W. Cohen to Board of Directors ". Although this news is apparently exciting, its effect on the company's share price is still not clear.