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Comment posted What does pink slip mean? by dirtfire.

I don’t know what Nasdaq pink sheets are, but ‘pink slip’ means you’re fired from a job. When talking about cars, pink slip means the registration.

Pink sheets probably means the pink copy of a set of papers, pink sheet, yellow sheet, etc.

dirtfire also commented

• A stock listed in the pink sheets indicates it is very inexpensive, which translates to risky. These pink sheet stocks are also sometimes called penny stocks because of there low prices.
• Pink Sheets is an electronic system, published by Pink Sheets LLC, to display bid and [[ask price|ask] quotation prices. The name “Pink Sheets” stems itself from an earlier paper-based system, which was printed on pink paper. It is mainly used by stock brokers trading OTC securities.

  Pink Sheets LLC is neither an NASD broker-dealer, nor registered with the U.S. Securities and Exchange Commission; it is not a stock exchange, the companies listed do not need to fulfill any requirements (e.g. filing financial statements with the SEC). With the exception of a few foreign issuers (mostly represented by American Depositary Receipts or ADRs), the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum [listing requirements] for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies.

  For these reasons, the SEC sees companies listed on Pink Sheets as “among the most risky investments” and advises potential investors to heavily research the companies in which they plan to invest.

• A pink slip means that you are fired. I don’t know about pink sheet…

Recent comments by dirtfire

• Crash Course: Chapter 19 – Future Shock by Chris Martenson
  Great vids but theres a breakdown in his logic.
  He says we are facing a predicament not a problem. His analogy for problem vs predicament is, hanging off a cliff is a problem and having already jumped off a cliff is a predicament.

  He then goes on at great length through these videos as to how are we are going to solve the predicament we face, ie what plans do we have for when our bodys hit the ground at 130 miles per hour.???

• Crash Course: Chapter 19 – Future Shock by Chris Martenson
  what does he propose we do as we fall through the air to certain death? pay increased taxes? curb our lifestyles? cut our co2 emissions?reduce the population?????? what ??? hmmmm
• Crash Course: Chapter 19 – Future Shock by Chris Martenson
  Mota, suppose just for the sake for argument, that what you just stated is what is actually necessary to fix the coming problems. It must be done.
• Crash Course: Chapter 19 – Future Shock by Chris Martenson
  That is point. He is not saying we are facing a coming problem. he is saying we are in a unsolveable prediciment.

  If we are in a prediciment there is no solution, according to him .

• What is the best and safest way to leverage an investment and gold or silver ? I do not know how to trade ?
  the selver is more risk and more profit.
  you must have an equity to protect your trade

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