Chase Packaging Corp. (CPKA.PK)

Chase Packaging Corp is headquartered in New Jersey. Its shares trade under the stock symbol CPKA.PK, on the Pink Sheets. There are significant risks associated with investing in Pink Sheet stocks, we advise that any story you may have heard about this company be considered with extreme scrutiny.

As of Dec 30, 2009, the company's share price was $0.05. The company's share price is 83.33 % lower than its 52 week high of $0.30 at present. Stocks under $1.00 are often followed by liquidity issues. Also there is often little hope of share price appreciation, for stocks in this price range. They do not usually go up unless there is a significant improvement in the fundamentals. 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 has issues with liquidity. Once bought, such shares might be difficult to sell.