My favorite color is red. What is yours?
Pink is my favorite, you may have not known but it's considered a pale red.
That is true! Pink is indeed a shade of red. I guess if I were specific, I'd say my favorite color is "blood" red. 
Blood red is a pretty nice color of red, I prefer the darker reds like crimson as well.
Me as well, I love darker colored reds. Speaking of which, do you enjoy red wines?
Red wines are pretty nice, I can be a little picky with them at times though.