Why is there no quote for some securities? There are several possibilities:
1) The security is not quoted on Pink Sheets. You can verify this by checking the “Primary Venue” for the stock. It will be listed on the individual quote page for the security you are looking at. If it says “Other-OTC,” then no market maker is publishing a quote for this stock in the Pink Sheets; it is what is known as a gray market stock.
2) There is no inside market on Pink Sheets for the security. Pink Sheets website displays inside or best bid and ask information. The inside is a calculation of the best, or highest, of all the bids and asks published by individual market makers in Pink Sheets. In order to calculate an inside market, there must be at least 2 priced bids and/or 2 priced ask quotes. There is no requirement for a market maker to publish priced quotes in Pink Sheets; they can publish unpriced quotes. If we cannot calculate an inside bid or ask, then N/A will appear in the Best Bid and Best Ask fields on the quote page of pinksheets.com.