Firepond Inc. (FPND.PK)

Firepond Inc is Massachusetts-based company whose business is Services-Computer Programming Services. Its shares are traded under the stock symbols FPND.PK and FPND.OB on the Pink Sheets and the OTCBB, respectively. There are significant risks associated with investing in Pink Sheet stocks, we advise that any story you may have heard about this company be considered with extreme scrutiny. Because the company is listed on two exchanges, there could be a more active marketplace.

The company is small with 40 employees. Considering the number of employees the company appears to be better positioned than most other Pink Sheets companies. You should consider the risks related to a workforce of this size, when you evaluate this stock.

As of Dec 31, 2009, the share price of the company's stock was $0.03. The company's share price is 99.25 % lower than its 52 week high of $4.00 at present. Only experienced investors should consider this stock due to its low price. The price is hitting yearly lows, meaning the stock's performance has worsened. The situation calls for additional research before considering this stock. This stock appears to be trading at pretty low volumes, making it less attractive to traders, as the price could be highly volatile.