Day Software Holding AG (DYIHY.PK)

California-based Day Software Holding AG is currently trading under the stock symbol DYIHY.PK on the Pink Sheets. It is engaged in American Depositary Receipts. Due to their very nature, Pink Sheet stocks are risky.

The company's share price reached $2.50 on Jan 6, 2009 Currently, the share price of the company is 65.75 % lower than its 52 week high of $7.30. This stock is risky due to the considerably low price, however investors might well benefit from large movements in the share 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. The stock trades at insufficient volume, thereby making it subject to possible market manipulation.

The company has recently issued some news. Day Software Holding AG on Dec 31, 2008 announced the following news " Day Software Announces Sale of UK Subsidiary MarketingNet Ltd ". Although this news is apparently exciting, its effect on the company's share price is still not clear.