Crossroads Systems Inc. (CRDS.PK)

Crossroads Systems Inc corporate headquarters are located in Texas. The company's principal business is Computer Peripheral Equipment, NEC. Currently, the shares are listed on the Pink Sheets under the stock symbol CRDS.PK. We advise caution because most investors end up with losses after investing in Pink Sheet stocks.

On Jan 5, 2009 the share price of the company reached $0.45. At this moment, the share price is 47.06 % lower than its 52 week high of $0.85. 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. 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.

A short while ago, some news was released by the company. On Dec 17, 2008, Crossroads Systems Inc stated that " Crossroads Systems Reports Fiscal Fourth Quarter and Fiscal 2008 Full Year Financial Results ". We found this news interesting, but we are not sure what effect this will have on the share price of the company.