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SKNN.OB

Started by AussieTrader, November 24, 2006, 01:54:50 AM

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422fwhp


tokyopua

Quote from: AussieTrader on November 30, 2006, 08:01:33 PM
Still following the plan. Today was a low volume inside day which may set up next continuation leg. Looking for a close above $1.72 to get confirmation of resistance being turned to support.

Hi Aussie,

I am curious about how to place a volume bracketed order that you refer to on your chart.  What exactly is that, and what is your current criteria associated with it, i.e. what volume level, etc.  Also, I dont know if I have that with Etrade, do you mind letting me know which service you have?  Thanks as always for your help! :)
Chance favors the prepared mind

AussieTrader

Quote from: tokyopua on November 30, 2006, 11:10:11 PM
I am curious about how to place a volume bracketed order that you refer to on your chart.  What exactly is that, and what is your current criteria associated with it, i.e. what volume level, etc.  Also, I dont know if I have that with Etrade, do you mind letting me know which service you have?  Thanks as always for your help! :)

LOL, Hey Tokyo, you are giving me too much credit on my Stop conditions. Basically and I like to keep things as simple as possible, I set an alert just above my stop price (in my streaming quotes setup). If the alert fires I will look at the 5 min live day chart and determine if what I am seeing is a selling off that will require action or just normal fluctuations that occur in the day.

Cheers
AussieTrader
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tokyopua

Aussie, OK,  now I understand, thanks for the reply on that.

15 min and 30 min charts for SKNN looking now like they could be setting up to form the handle of a cup and handle pattern, hopefully it does and we get a breakout today or Monday.
Chance favors the prepared mind

AussieTrader

Some more volume woud add validity to the current movement, but I'll take it :)
AussieTrader
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tokyopua

Breakout to new highs in progress, $1.85 HOD as I type  ;D  Volume is not huge yet, but decent, better already than the last 3 days and about to already cross the average volume line on my chart.
Chance favors the prepared mind

tokyopua

SKNN is in breakout mode, confirmed with volume increase, slightly conservative rough target of 2.25  ;)
Chance favors the prepared mind

AussieTrader

Yep that was nice confirmation. NO need for me to post a chart as Tokyo's gpt that covered ;)

AussieTrader
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fous

I'll just illustrate the technical target here ;)
trade it like you mean it!

REALDEALS21

Pondering if its a good time to sell now or hold it........ ;D

tokyopua

$2.03 (where it is trading HOD as I type) is top of the channel, so it might retrace a little from there if you think you can time it and get back in.  But there is still upside based on the triangle breakout beyond 2.03.
Chance favors the prepared mind

tokyopua

Quote from: tokyopua on December 06, 2006, 01:29:18 PM
$2.03 (where it is trading HOD as I type) is top of the channel, so it might retrace a little from there if you think you can time it and get back in.  But there is still upside based on the triangle breakout beyond 2.03.

Hope you didnt sell and waited for that "upside" I mentioned, we didnt seem to have to wait long, trading at 2.14 now as I type!
Chance favors the prepared mind

tokyopua

I found the reason for the huge move today:

------------------------------------------------------
Fashion Footwear Manufacturer Boemos



  NEW YORK, Dec. 6 /PRNewswire-FirstCall/ -- Skins Inc. (OTC Bulletin Board:
SKNN), developer of a revolutionary, patented two-part, interchangeable
footwear structure consisting of outer collapsible "Skins" and an inner
orthopedic support section called the "Bone," announced today it has finalized
an agreement with Boemos S.P.A., a preeminent Italian manufacturer of designer
footwear and industry leader for over 50 years. Boemos craftsmen will be
responsible for the production of the Skins Collection to be sold throughout
U.S. retailers in 2007.


  Boemos has constructed high-quality footwear for Dolce & Gabanna, Coach,
Diesel, and the Kenneth Cole Collection among many others. Mark Klein,
president and CEO of Skins Inc., commented, "We are very excited to be working
with such a prestigious and reputable group. Boemos is an experienced
manufacturer whose polished quality will serve as an ideal counterpart to our
elite brand and innovation. Having a 'Made in Italy' designation by Boemos also
strengthens our retailers' marketing efforts and enhances our profile within
the fashion and footwear industries."


  Klein concluded, "The initial response to the unique Skins design has been
overwhelmingly positive and should demand exceed our expectations, Boemos is
well positioned to meet our production requirements moving forward."

    About Skins Inc.


  Skins Inc. created and is continuing to develop an innovative two-part,
interchangeable footwear structure consisting of outer collapsible "Skins" and
an inner holistic orthopedic support section called the "Bone." The design
allows consumers to purchase one inner section, the Bone, and numerous outer
Skins, resulting in multiple style variations from the same pair of quality
Bones, always with the same feel and fit no matter which Skin is being worn.
Skins' objective is to create a new attire concept that allows and encourages
consumers to frequently change their footwear, while experiencing equal comfort
in all designs of shoes. This uniquely positions the Skins concept between
footwear and apparel industries. For more information, visit
http://www.skinsfootwear.com.


    CONTACT: Skins Inc.
    Ryan Mulhern, Investor Relations
    (866) 633-1060, Toll-free
    [email protected]

    Forward-Looking Statements


  Statements in this news release that are not historical facts are forward-
looking statements that are subject to risks and uncertainties. Words such as
"expects," "intends," "plans," "may," "could," "should," "anticipates,"
"likely," "believes," and words of similar import also identify forward-
looking statements. Forward-looking statements are based on current facts and
analyses and other information that are based on forecasts of future results,
estimates of amounts not yet determined and assumptions of management. Actual
results may differ materially from those currently anticipated due to a number
of risks and uncertainties beyond the reasonable control of the Company. These
risks and uncertainties include, without limitation, those detailed from time
to time in the Company's filings with the U.S. Securities and Exchange
Commission, and include, among others, its limited operating history; lack of
profits from operations; uncertain ability to raise additional funds on
acceptable terms or at all; ability to successfully design, manufacture and
commercialize its proposed product; its reliance on one unproven and
undeveloped product type; rapidly changing consumer demands for footwear
products; unestablished brands; degree and nature of its competition; ability
to employ and retain qualified employees; and limited trading market for its
common stock.

SOURCE  Skins Inc.


    /CONTACT: Ryan Mulhern, Investor Relations of Skins Footwear, 1-866-633-
1060, [email protected]
    /Web site: http://www.skinsfootwear.com


  (END) Dow Jones Newswires

  12-06-06 1009ET

10:09 120606
---------------------------------------------------------------------------
Chance favors the prepared mind

422fwhp

SWEET...two in one day!

Applaud the pic.

422fwhp

Quote from: fous on December 06, 2006, 09:07:09 AM
I'll just illustrate the technical target here ;)

...so now that $2.18 was made what?  Should we expect it to test that as support now?