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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Joe Waynick who wrote (1764)	9/11/1998 9:50:00 AM
From: Q.	Read Replies (3) \| Respond to of 2506

Joe, you phone your broker to trade a stock that is bulletin board or pink sheets. Usually you can't do this online. That's what you do after it is delisted from the naz/amex/nyse . re. <<how can I get access to pink sheets?>> The term 'pink sheet' is figurative. Nobody will ever show you a piece of pink paper. So in that sense you don't have access to pink sheets. Pink just means that somebody at your brokerage has to phone the broker elsewhere who acts as market maker in order to get a price or do a trade. Typically the bid/ask spread is wide. Lots of junk trades in the pink sheets, as well as some good stuff like my local bank.