I have some old stock I want to unload, CHEF, and it's on the pink sheets now. I'm using my broker's (not the one who sold it to me; they're out of business) online trading platform. I was surprised when my offer didn't show up on the level II display, nor did it show up on the level I quotes I saw over at Datek. In fact, about an hour after I posted my offer, the stock, going up, traded through it, and I didn't get executed. An account rep at my broker said that the pink sheets are funny, and they don't have to display all the bids and offers. Can anyone point me to a description of how the pink sheet system works and offer any advice on how to deal with it?