China Fortune Acquisition Corp. (CFAWF.PK)

China Fortune Acquisition Corp is headquartered in China. The company China Fortune Acquisition Corp is trading under the symbols CFAWF.PK and CFAWF.OB on the Pink Sheets and Over the Counter Bulletin Board (OTCBB), respectively. 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. Due to the fact that the company is listed on two exchanges, they may have the ability to draw a bigger investor following than their pink sheets peers.

The company's shares were at $0.05 on Jan 6, 2009. The company's share price is 95.69 % lower than its 52 week high of $1.16 at the moment. 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. The stock trades at insufficient volume, thereby making it subject to possible market manipulation.