Any views on where this stock might be headed?
Its already down by 250 from its high of just a few weeks back and if i knew anything about charts,WHICH I DON,T,maybe it is time to cash a few in

Oversold today. Do not follow the sheep

Not sure. It is often short-sold after results but look at the current liabilities column. They're very poor and probably explains why sp has fallen. Assets and liabilities are very important in current climate.

sp could easily recover to 13. I would suggest that it is waiting for broker comment and then the sp will react accordingly.

I am in at 1210 today should bounce up from this

Clubman - good luck! 11 looks possible.

Bounced at 1177p. Will be interesting to see where it settles. Hopefully on the 200 DMA.

In auction.

Where does it say in auction

AU flag.

AU flag WTF

Clubman, have a look here for starters. http://www.moneyam.com/TradersRoom/posts.php?tid=9880#lastread

The auction ended @11:04:29 trade 4336 bid offer 1171-1155 uncrossed @1162.

That explains Interpreting Intraday Auctions on Fast Moving Stocks but where does it say Autonomy was in auction as per your previous post.

It was flagged as such and it was in backwardisation - have a look at the trade I quoted (type UT) and look at the bid/offer. I don't know if MAM puts up the AU (auction flag).

Trade types are explained here.

wish I had bought more at this price 1121

Big bounce again at 1121p. Now 1192p. Day traders must be loving it, though possibly a bit expensive for them.

Harry - much as I like this share, I shorted it today for +140. As posted earlier, 11 looked possible. Waiting to go long again, but maybe not today.

Well done skinny. Must have been a momentum trade as I can't see anything in the figures to justify such a sharp drop. I assume then, the shorters are responsible for pushing the sp that far down??? That being the case, the sp should recover once they are closed out.

Nothing but a steady flow of good news, good results and down it goes. The market can be so fickle, this comment won't have helped

"Despite the continued uncertainty in the markets, we remain cautiously optimistic," said Chief Executive Mike Lynch.

I wouldn't want to call it atm, but am looking to go long again - hopefully at a lower price.

Digitallook - Shares in Autonomy were the worst performers among blue-chips on Thursday morning but the high-flying technology firm still has fans among the broking community.

Sales of $195.2m and an EPS of $0.27 ($0.26 diluted) were in-line, UBS reports in the wake of Autonomys second quarter trading update.

Concerns in the market centre on the performance of Interwoven, the content management company Autonomy acquired in January, but UBS downplays these.

While some will be worried by the seeming lack of recovery of Q1s $15m IWOV {Interwoven] maintenance non-renewals we note the loss of c.$10m of discontinued IWOV Services needs to be considered. EBITDA cash conversion of 66% (Q208: 67%) reflects the usual seasonal outflow on insurance/rental prepayments and IWOVs strong pre-acquisition cash collection, the Swiss bank states.

UBS remains bullish on the stock and has left its 12 month price target unchanged at 1,475p."