Conmed Healthcare Management Inc. (CMHM.PK)

The company lists its shares on the Pink Sheets and the OTCBB under the symbols CMHM.PK and CMHM.OB, respectively. Conmed Healthcare Management Inc is located in Maryland and its business is Services-Misc Health and Allied Services, NEC. There are extra risks associated with investing in Pink Sheet stocks. Some liquidity risks may be minimized, because the company is listed on two exchanges.

The company is large with 360 employees. The mid sized number of employees may enable this company to engage in several business activities. But it will come at a cost which if not executed properly can quickly drain resources. If you are thinking about an investment in this company, you should consider how the size of their workforce might possibly affect their future business.

The company's shares were at $2.25 on Jan 5, 2009. The company's share price is 33.82 % lower than its 52 week high of $3.40 at present. Although still considered a penny stock the share price is above the $1.00 range. Share price movement over the last 52 weeks shows no real signs of a clear pattern forming. These shares trade with decent volume. There is, however, a slight risk of market manipulation.

The company issued some news recently. On Jan 05, 2009, Conmed Healthcare Management Inc announced the following news: " Conmed Healthcare Management, Inc. Announces New $5 Million, Multi-Year Contract with the Western Virginia Regional Jail ". We found this news to be noteworthy, but it is unclear if it will have any effect on the company's share price.