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Pink Sheets is also a private company that works with broker-dealers to market the shares of OTC equities they represent. Trading in pink sheet securities is seen as highly speculative. Key... Pink sheets refer to a listing service for stocks that trade over-the-counter (OTC). Pink sheet companies are not usually listed on a major exchange. This page has a list of Pink Sheet stocks that are most active or most gained today. Quickly find the best pink sheet stock of the day and the worst pink sheet stock of the day. Find a bargain play in the pink sheet markets. The Pink Sheets quotes are delayed at least 15 minutes. The companies on the Pink Sheets are usually penny stocks and are often targets of price manipulation. They should only be purchased with extreme caution and after adequate research.