Finance: What are Pink Sheets?

What are pink sheets? And can we bleach them to make them white again?

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Transcript

00:26

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

00:30

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

00:34

South Milwaukee yeah Bert we're looking at you

00:37

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

00:41

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

00:46

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

00:51

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

00:55

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

01:00

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

01:04

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

01:09

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

01:14

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

01:18

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

01:24

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

01:28

have to look that up on your own