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LSDefine

Simple English definitions for legal terms

pink sheet

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A quick definition of pink sheet:

A pink sheet is a list of stocks that are not traded on a big stock exchange. It is printed on pink paper and shows the prices of these stocks. The National Quotation Bureau, a private company, publishes the pink sheet every day. It helps people who want to buy or sell these stocks to know what they are worth.

A more thorough explanation:

Pink Sheet

A daily publication that lists over-the-counter stocks, their market-makers, and their prices. It is printed on pink paper and published by the National Quotation Bureau, a private company. The Pink Sheet is also known as the National Daily Quotation Service.

Investors can use the Pink Sheet to find information about stocks that are not listed on major stock exchanges, such as the New York Stock Exchange or NASDAQ. For example, if an investor wants to buy shares of a small company that is not listed on a major exchange, they can use the Pink Sheet to find the stock's current price and the market-maker who is selling it.

Another example is if a company wants to go public but does not meet the requirements to list on a major exchange, they can still trade their shares on the Pink Sheet. This allows them to raise capital and gives investors the opportunity to buy shares in the company.

The examples illustrate how the Pink Sheet is used to find information about over-the-counter stocks and how it provides a platform for companies to trade their shares even if they do not meet the requirements to list on a major exchange. The Pink Sheet is a valuable resource for investors who want to invest in smaller companies and for companies who want to go public but do not meet the requirements to list on a major exchange.

Pinkerton rule | pinpoint citation

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HopefullyInLawSchool
11:53
Another day another dollar
@cumsock: yeah lmao guy is such a prick, my bad i had to settle for vandy
lilypadfrog
11:54
he is a terrible writer. his personal writing blog is shockingly bad
@lilypadfrog: are there flowers on your lily pad?
11:55
how was your first day of classes @knowledge
@KnowledgeableRitzyWasp: what are legit side hustles you have seen people do in LS?
lilypadfrog
11:56
LSAT tutoring
That is not an option for me lmao
lilypadfrog
11:57
@KnowledgeableRitzyWasp: yeah there are a couple thanks for asking
HopefullyInLawSchool
11:57
Guys this UPenn wave looks fake
11:57
I genuinely hate places that call because it turns things into a day-long stress instead of just being like oop I didn't get an email oh well
Trismegistus
11:58
how does it look fake
pleasepleasepleas
11:58
does Michigan call or email?
TackyProudYogurt
11:58
I have missed every A call I have received because I have a job and they all call at like 11 am
Trismegistus
11:58
what an excellent problem to have
am I being dumb to even think I have a chance at penn
should I just give up hope now
11:59
i tutored for the lsat in college lol, i went to a rich people school so the parents were happy to shell out money to a kid who didnt even have an official score yet
12:00
you have a great shot bulldog
the R's are killing any confidence I had
12:01
reddit says penn is calling, also same the umich r that early was disheartening
wonder what cornblatt is doing rn
lilypadfrog
12:01
stroking it
PuppyBot
12:01
lmaooo
i knew those group interviews existed for nefarious purposes
jackfrost11770
12:03
Oh I'm straight up not getting decisions until March am I
jackfrost11770
12:03
Awesome
me too
lilypadfrog
12:04
getting a ton of t14 As in March probably feels so good if you’re jackfrost
@BulbasaurNoLikeCardio: nobody i know does a side hustle because law school 1L is legit insanely hard
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