Scientific Learning Corporation (OTCMKTS:SCIL) Livens Up

[[tagnumber 0]][[tagnumber 1]]We haven’t covered Scientific Learning Corporation (OTCMKTS:SCIL) for quite some time now and there is a very good reason for this – the ticker is highly illiquid and often record sessions with zero trades. Despite that it is obvious that it makes quite impressive price movements.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]This is not strange, considering that [[tagnumber 6]]SCIL[[tagnumber 7]] has rather decent financials, but the company stays mostly quiet. The market cap of the company stock is also not that big when you consider the numbers that back it up in the quarterly report covering the period ended June 30.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $1.08 million[[tagnumber 13]] [[tagnumber 12]]current assets: $4.7 million[[tagnumber 13]] [[tagnumber 12]]current liabilities: $9.1 million[[tagnumber 13]] [[tagnumber 12]]quarterly revenues: $3.71 million[[tagnumber 13]] [[tagnumber 12]]quarterly net loss: $681 thousand[[tagnumber 13]] [[tagnumber 22]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Indeed, not bad for a company that is listed on the OTC markets. However, we see that the revenues have dropped significantly compared to the same period last year, while the company has recorded a $681 thousand net loss instead of $656 thousand in net income.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Still, we can see some impressive performance if given the news. On Monday the company issued a press release that announced that [[tagnumber 6]]SCIL[[tagnumber 7]] will be offering a free four–month trial of their language and reading intervention software to K–12 schools in the U.S. and Canada.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]It seems, however, that the news were received slowly as we finally saw some increased trading in yesterday’s session. [[tagnumber 6]]SCIL[[tagnumber 7]] went on to add 50% to its value and close at $0.18 while a total of 1.26 million shares were traded and generated $216 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Tickers like [[tagnumber 6]]SCIL,[[tagnumber 7]] however, can be quite volatile, so doing your due diligence and weighing out the risks before putting any money on the line is absolutely crucial.[[tagnumber 2]]