Wednesday, 15 April 2009

Trading Update - Autonomy continues to tank

Today saw my 1300 stop on Autonomy hit. It wasn't a great surprise, but left me feeling a little disappointed given it was up at 1400 a couple of days ago. 

Autonomy Corp Plc
Entry: 1237 (17th March 2009)
Exit: 1300 (15th April 2009)
Attic Fund profit: 1.9% 

I will continue to look for buying opportunities on this stock as the fundamentals have not changed, in fact I would expect a continuation North over the next couple of weeks, but I'm going to sit on the sidelines for at least a couple of days before considering my next move.
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