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What Are Pink Sheets?

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Salty80 | 13:13 Tue 06th Sep 2022 | Arts & Literature
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I heard that before from Wall Street movie
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It's the daily listing of stocks and shares, the stock markets. Finance
Wasn't the Financial Times printed on pink paper at one time?
still is, maggiebee
even the website is

https://www.ft.com/

I remember stories (possibly true) that FT.com was blocked on a lot of computers because their adult controls took the pink to be flesh colour and supposed that it was all porn.
https://www.fool.com/investing/2021/09/23/sec-cracks-down-on-pink-sheets-used-by-wolf-of-wal/

The Pink Market — named for the color of paper it once published share prices on — is where investors trade stocks over the counter rather than on a major exchange like the NYSE. Most of these are so-called "penny stocks," selling for less than five bucks per share. Some really do only cost a cent.

While certain retail investors love the rollercoaster experience, trading in pink sheets is considered highly speculative (because many of the companies are in bad financial shape) and dangerous (because, as the SEC has warned, the off-exchange market is rife with fraud and manipulation).
I thought it might be linked to the expression "In The Pink" but apparently not according to this website

https://www.investopedia.com/terms/i/inthepink.asp

which states :-

The use of the word “pink” may cause some confusion as it may lead to assumptions involving another monetary concept using the same color. In the pink is unrelated to “pink sheets” which are daily publications that were originally produced by the National Quotation Bureau.

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