China Organic Agriculture Inc. (CNOA.PK)

The company lists its shares on the Pink Sheets and the OTCBB under the symbols CNOA.PK and CNOA.OB, respectively. China Organic Agriculture Inc is located in China and its business is Electrical Work. 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. Some liquidity risks may be minimized, because the company is listed on two exchanges.

The company's shares were at $0.27 on Dec 31, 1969. At the moment, the share price of the company is 88.16 % lower than its 52 week high of $2.28. The share price is under $1.00 which is usually not a good sign. Typically stocks in this price range have troubles with the company's performance. 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 no liquidity issues, which makes the market for buying and selling a fair one.

The company has recently announced news. On Dec 19, 2008, China Organic Agriculture Inc announced the following news: " The Brualdi Law Firm, P.C. Announces Class Action Lawsuit Against China Organic Agriculture, Inc. ". Although this news is out there, it is too early to determine the ultimate effect that it will have on the company's share price.