With last week’s rally, SNIPF looks like it is trying to cheat death, technically speaking. The pattern shown offers a very compelling bear-market target at exactly 0.0764.  And yet, the stock rallied sharply last week on word than a big customer had re-upped with a $1.5 million advertising campaign. It didn’t hurt that Canaccord, which has been on the sell side all the way down, has evidently become a buyer — of 2.48 million shares, according to an officer of the company, Gary Singh. All things considered, however, I’m inclined to sit tight with the shares I currently own, and to augment the position only if SNIPF dips below 8 cents.