For some reason I can’t upload my weekly chart. Maybe that’s a...

For some reason I can’t upload my weekly chart. Maybe that’s a good thing because it does not look pretty! Not much joy to look at for holders. Trend is down and support at 7.5c is now broken on high volume. Is this a final capitulation? I doubt it. Next support is at 6c and 5c with lots of overhead resistance.

I thought POH would jump 30-40% on the phase 2 trial results. Instead it is now down 13% from the previous close before the announcement. How much has it dropped from the 24.5c high in 2012..... Lets not mention the war!

At least with this cap raise there is now plenty of cash in the coffers for the company to do its Oxy trials next year.

I will make another prediction. Further falls ahead. Hopefully I am as wrong as I was the last time! Oh well, 2014 is just around the corner and maybe a deal or two will be in the offering and the price will skyrocket!