Central Natural Resources Inc. (CTNR.PK)

Missouri-based Central Natural Resources Inc is currently trading under the stock symbol CTNR.PK on the Pink Sheets. It is engaged in Oil Royalty Traders. 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.

The company's shares were at $25.75 on Dec 30, 2009. The company's share price is 28.47 % lower than its 52 week high of $36.00 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 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. This stock appears to be trading at pretty low volumes, making it less attractive to traders, as the price could be highly volatile.