2007-03-03 08:18:13 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
The stocks that are bad enough to be thrown off, or not eligible for listing on the New York Stock Exchange, American Stock Exchange, NASDAQ, or over the counter bulletin board are listed on what were once sheets of paper colored pink. Now they are called "pink sheet" stocks with the.pk on the end.
2007-03-03 08:54:47 · answer #1 · answered by gosh137 6 · 0⤊ 0⤋
They are stocks that are traded on the pink sheets--over the counter market. Besides including many cheap and not too promising stocks, it also includes many foreign stocks, both ADRs and non-ADRs. It also includes many smaller company stocks that do not have the resources to be listed on one of the national exchanges.
2007-03-03 09:28:27 · answer #2 · answered by Anonymous · 1⤊ 0⤋
It means PINK.
Stay away from those.
2007-03-03 08:38:15 · answer #3 · answered by Anonymous · 0⤊ 1⤋