ShmoopTube

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Finance a la shmoop what are pink sheets? well they're just white sheets which got [White sheets in a washer]

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washed with one new red sock thrown in yeah you know what we're talking about but

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they're also a publication by the national quotation Bureau that lists

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prices of over the counter or OTC stocks usually shares of delisted that are very

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small thinly traded companies that pretty much well nobody cares about [Man underwater wearing snorkle and goggles]

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anymore sorry guys just keeping it real other than you know bottom feeder

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investors tax loss buyers and well the cardiologists investment Club of Greater

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South Milwaukee yeah Bert we're looking at you

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well these shares don't need to file papers with the SEC or meet pretty much

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any form of registration rules the way that stocks on exchanges do they tend to

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be highly illiquid and have maybe a single dealer making a market in them

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that is if you want to buy them well you make an appointment for you know a [Man sitting in a waiting room]

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see-you-next-tuesday at 11:30 a.m. and negotiate directly with the dealer who

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may or may not have a few shares laying around to sell you or to buy from you

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thanks to that publication which used to be printed on yes pink paper

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pink sheets of papers, see the clever naming there...Trading OTC stocks is

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sometimes referred to as trading on the pink sheets if a company's stock symbol

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includes the letters PK well it trades on Pink Sheets no word on whether

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matching shams or throw pillows are included when you trade those so you'll [A bed with pink sheets appears]

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have to look that up on your own

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