ChinaGrowth North Acquisition Corp. (CGNQF.PK)

ChinaGrowth North Acquisition Corp is headquartered in China. The company's shares are listed on the Pink Sheets and the OTCBB under the symbols CGNQF.PK and CGNQF.OB, 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, the shares may be slightly more marketable.

On Jan 5, 2009 the company's share price reached $0.03. Presently the share price is 98.06 % lower than its 52 week high of $1.55. Only experienced investors should consider this stock due to its low price. 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.