First Intercontinental Bank (GA) (FIEB.PK)

Its shares trade under the stock symbols FIEB.PK and FIEB.OB on the Pink Sheets and the OTCBB, respectively. We advise caution because most investors end up with losses after investing in Pink Sheet stocks. Due to the fact that the company is listed on two exchanges, they may have the ability to draw a bigger investor following than their pink sheets peers.

The share price of the company reached $1.50 on Jan 6, 2009. The share price is currently 68.42 % lower than its 52 week high of $4.75. Although still considered a penny stock the share price is above the $1.00 range. 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 is illiquid. The small amount of buying or selling can substantially impact the price of this stock.