China Yili Petroleum Co. (CYIP.PK)

China Yili Petroleum Co is headquartered in New York. The company, named China Yili Petroleum Co, lists its shares on the Pink Sheets: CYIP.PK and the OTCBB: CYIP.OB. 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. 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.

As of Dec 31, 2009, the share price of the company's stock was $1.88. At the moment, the share price of the company is 65.82 % lower than its 52 week high of $5.50. Although still considered a penny stock the share price is above the $1.00 range. The share price has been fluctuating over the last year with no really strong signs of technical breakout. This stock has issues with liquidity. Once bought, such shares might be difficult to sell.