Carolina Power & Light Co. (CPWPN.PK)

Carolina Power & Light Co bases its business in North Carolina. Company Carolina Power & Light Co is currently trading under the stock symbols CPWPN.PK and CPWPN.OB on the Pink Sheets and Over the Counter Bulletin Board (OTCBB), 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, the shares may be slightly more marketable.

There are 2 employees in this tiny little company. The company might not be able to financially sustain more employees. If you are thinking about an investment in this company, you should consider how the size of their workforce might possibly affect their future business.

On Dec 16, 2009 the company's share price was $62.00. The share price is currently 17.88 % lower than its 52 week high of $75.50. A share price above $10.00 is high for a Pink Sheets company. We would advise investors to look into the possible reasons for this. 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.