Grey Sheets, also spelled "Gray Sheets," and also known as the "Gray Market" is another category of OTC stocks that is completely separate from Pink Sheets and the OTCBB. Unlike other financial markets, No recent bid or ask quotes are available because no market makers share data or quote such stocks.
Pretty sure brokers just try to buy and sell at much higher prices but don't provide liquidity. Dont put a market order on the Grays. They will fill that as high as someone has a sell order in at.
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