Snipp Interactive

I first touted Snipp Interactive back in January, when it was trading around 0.15. Although the stock subsequently fell to a dime, it has since rallied sharply, settling at 0.2562 yesterday. This is one of my favorite stocks, and I came away from a conference call with its CEO, Atul Sabharwal, eager to sing their praises. During that call, I hit Atul with my best idea, a sweepstakes-type promotion, but he was already three steps ahead of me, able to cite, for one, New York State's rules and costs for exactly the type of marketing scheme I'd suggested. Full disclosure: I hold 100,000 shares plus warrants to purchase another 50,000 shares.  But I hope that won't discourage you from performing your own due diligence, since you are likely to be as impressed as I was when you find out what the company has been up to. For me, at least, Snipp (OTC: SNIPF) perfectly satisfies Peter Lynch's rule that investors favor companies whose strengths and methods they can understand. Snipp does interactive marketing that allows clients to track results in real time. The results have been sufficiently impressive that the company has been attracting blue chip clients with little difficulty. Read more about SNIPP by clicking here. From a technical standpoint, although the stock's chart history is thin, it's possible to project a near-term rally target of 0.2730. A tenet of Hidden Pivot analysis is that an easy move through such targeted resistance implies there is unspent buying power percolating beneath the surface. This is not a "hot tip;" indeed, Snipp's story does not lend itself to the kind of hubris that will result in a $10 billion IPO. But it is an aggressive and imaginative pioneer in a rapidly developing niche, and its CEO has the kind of imagination,

So many dot-com stocks are so pumped with hubris and hot air that I seldom talk about the group in my commentary, other than disparagingly.  Nor would I deign to recommend the shares of any company, such as Twitter, whose profit model I don’t fully understand.  Not so,  Snipp Interactive, a Canadian-listed (CVE symbol: SPN) mobile-marketing firm worthy of your attention if for no other reason than that its core business is one that is easy to grasp.  If you’ve ever applied for a product rebate, you’ll know how frustrating the process can be. First you fill out a form, clip out a bar-code label and  some packaging material, and mail them to a rebate center. Then you wait for perhaps six to eight weeks or even longer, often to learn (as I have, more than once) that your effort has been rejected because you overlooked some small detail. Enter Snipp, with a cloud-based solution with the potential to leverage the increasing use of mobile devices by shoppers. Snipp’s methods are so customer-friendly that the company has begun to get traction with such corporate giants as Walmart, Burger King, Guinness, Electronic Arts, ESPN and Lexus. (For a brief demonstration of Snipp’s services and methods click here, then follow the links that interest you.)  A particularly appealing aspect of Snipp-powered promotions is that shoppers don’t need a special phone-based application to take advantage, only the ability to text and/or snap a photo. Success Metrics in Real Time As for Snipp’s growing list of clients, they can find out in real time who the customer is, what he or she is buying, and where -- all without the need to set up promotions in advance with the vendor.  Thus are Snipp’s corporate customers able to create a wide variety of mobile promotions,