Delhi Bank Corp. (DWNX.PK)

Delhi Bank Corp is based in New York and operates in the National Commercial Banks industry. The company's shares are listed on the Pink Sheets under the stock symbol DWNX.PK. We advise caution because most investors end up with losses after investing in Pink Sheet stocks.

On Dec 31, 2009 the share price of the company reached $30.00. At the moment, the share price is 3.23 % lower than its 52 week high of $31.00. Although this still may be a pennystock by our definition, the share price is at the higher end of the range for a pink sheet company. The price is near its 52 week high. This could mean the shares might be positioned for long term growth. But it could also mean the company is very good at drumming up investor interest. The stock is illiquid. The small amount of buying or selling can substantially impact the price of this stock.