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[arthur]

The weekly HMY chart (with 200 week MA) reflects the gold structural bull market, although gold prices have been in a correction. Technical analysts would predict HMY will fall to $5 a share, i.e. to the pre-bull market price area. Also, HMY (and DROOY) fell sharply recently on the strong South African Rand. Moreover, HMY is trying to buy GFI (Gold Fields stock). The current HMY offer price is less than GFI's stock price. So, there's speculation HMY will sweeten its offer for GFI. Furthermore, there's uncertainty, because HMY stated it will not pay more than its offer price (which currently makes no sense). So, there's a lot of negative news already priced into the stock.