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Snipp Interactive Inc V.SPN

Alternate Symbol(s):  SNIPF

Snipp Interactive Inc. is a Canada-based Platform-as-a-Service company. The Company's modular SnippCARE (Customer Acquisition, Retention & Engagement) Platform allows its marquee list of clients and agencies and partners to use various modules of the Platform to run long-term and short-term programs and promotions, while continually generating and capturing zero party data that provides insights to drive sales. The Platform's Receipt Processing Module, SnippCHECK, provides receipt-based promotions in North America. The Platform's full-scale modular loyalty engine, SnippLOYALTY, allows clients to deploy any/all aspects of a standard loyalty program on a case-by-case basis. The Platform's modular catalogue of digital and physical rewards, SnippREWARDS, provides clients with global and deployable access to a catalogue of digital and physical rewards. The Platform's gaming module, SnippWIN, allows the global deployment and administration of legally compliant games of chance and skill.


TSXV:SPN - Post by User

Bullboard Posts
Comment by micromanageron Jan 05, 2015 8:35am
132 Views
Post# 23285298

RE:How do you manage a stock like SNP?

RE:How do you manage a stock like SNP?I think if your sitting on a multi bagger then especially in any stock it's best to pull out your original investment so in the worst case you never lose money and effectively you are playing with "house money".  Any single stock whether penny or blue chip is a gamble. If your sitting on only profit that usually allows us to be more aggresive for the bigger win and less likely to sell cheap.  I should have taken that advice seriously when I bought Goldstar at $0.11 in 2005.  The stock did nothing for over 2 years then in one month went to $1.40.  I blew out my position.  What I should have done was sell a portion and ride the rest up selling in parts.  Within one year the Company got bought out at over $5 and then the company who bought them got bought at the equivalent of $14 the year later.  Those were the good ol days of junior mining looks like tech is the new trend in Canada these days.     
Bullboard Posts