SKVI | Skinvisible Looks Ready To Break Out Of Its Skivvies

SKVI stock,  Skinvisible Inc., Skinvisible stock, OTC SKVI, $SKVI, SKVI stock price,OTC day traders and short term penny stock players will want to pay close attention to patent protected dermatology and healthcare products developer Skinvisible Inc. (OTC: SKVI). The Company already has an established foothold in the skin care product market and just recently raised $1 million, enough to get it through about nine months. With a cheap share price stuck at 0.035 for a week and a booming industry, SKVI stock should be on the watch list as a great play this week, maybe even for the rest of the month.

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Market Cap: 3.81M
Last: 0.035 (unchanged)
Volume: 47,300
Open: 0.035
High: 0.035
Low: 0.035
Authorized: 200,000,000
Issued and Outstanding: 108,736,909
14-Day Rel Strength: 49.56%
14-Day Stochastic: 44.44%

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Last year was a rough one for Skinvisible as they had to begin the year having just  renegotiated accrued salaries and interest for three employees and repeat the process again in June, 2012. Sales for 2012 just weren’t enough to put the skin care focused Company into the “black” having lost a little more than $1 million for the nine months ended September 30, 2012 versus slightly less than $800K for the same period in 2011.

The future however looks much brighter for the Company, a good reason why SKVI stock should be on the watch list today and the remainder of the month.

Skinvisible has 8 global licensees, 3 of which are currently in the marketplace (Avon Products globally, Women’s Choice Pharmaceuticals in the U.S. and Alto Pharmaceuticals in Canada) with 4 licensees which have 6 products in total being prepared for launch in 2013. All in all, the Company has a pipeline of over 40 products which are available for licensing after having been tested in-house generating proof of concept including release of the active ingredient as well as long term shelf life.

Sales may have dropped of for the nine months ended September 30, 2012 compared to the same period the year prior, but SKVI stock seems to have skidded at its bottom and looks poised for a break out worth watching.

About SKVI Stock

Skinvisible Inc., through their wholly owned subsidiary Skinvisible Pharmaceuticals Inc., are a pharmaceutical research and development company that has developed and patented an innovative polymer delivery system, Invisicare® and formulated over forty topical skin products which the Company out-license globally. Click here to view the SEC filings for SKVI.

Last 5 Trading Sessions:

Date Last Change % Change Volume
02/08/13 0.0350 unch unch 47,300
02/07/13 0.0350 unch unch 4,000
02/06/13 0.0350 +0.0010 +2.94% 103,700
02/05/13 0.0340 -0.0010 -2.86% 7,300
02/04/13 0.0350 +0.0040 +12.90% 451,800


Bottom Line: SKVI stock presents penny stock traders an opportunity to scoop up some cheap shares at what looks like the bottom. With some decent momentum and shares of SKVI stock having been distributed at $0.04 during the last few months, traders could see a nice return on a short-term rally without losing their skivvies.

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