Ok so ive been havin some small trans issues. i have a 5spd, and i figured id change the fluid seeing as it probably hasent been done for a while. so when i drained it i got bublegum pink sludge. this im guessing is caused by it getting contaminated by coolant or water or somthing. right? ok so how would i go about fixing this?

Pink trans fluid is ATF (any kind) maybe someone thought it would be better for the trans. Also I have flooded my trans before and the oil that came out (mixed with H2O) looked like chocolate milk but nowhere near bubblegum.

That's water contamination.

Drain, refill, drive it for a while and repeat.