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

Big money made by day traders yesterday. Autonomy was well oversold after report but back on the rise today thank god.

FT comment

Mike Lynch, chief executive, remained cautiously optimistic for the full year but said third-quarter numbers would be lower than analysts' forecasts because of a one-off marketing cost.

I like a CEO that plays things down when his Company is gaining top flight contracts all the time. IMHO Autonomy software will not only be an asset to world Companies but they will soon have to have this type of software by law.

As I said yesterday, it quite often gets short-sold on results although after saying that, along with everything else bar the miners, it doesn't seem as though it wants to rise.

I agree with dealerdear, but still think this stock will rise big over the long term

It will interesting to see what the weekend press have to say. I still feel 11 is likely short term - the chart doesn't look nice at all!

My first purchase of Autonomy stock was in 2005 still have these. Have bought and sold many times since and never lost money.
15/04/05 Buy 2433 203.92 4,999.13 +487.98%

Don't say that cause you'll be tempting fate!! There's always a first time!

I used Autonomy a lot last year in a competition run by ETX Capital and it contributed to my winning the 20,000 cash prize.

Thursday July 16, 01:39 PM
FTSE 100 movers: Autonomy still favoured despite share slide

LONDON (ShareCast) - Shares in Autonomy are the worst performers today after a poor reception to its second quarter figures.

Revenues in the three months to 30 June rose to $195.2m from $125.7m a year earlier, while adjusted profit ADVERTISEMENT

before tax, which excludes various charges, climbed to $89.6m from $50.8m.

Broker UBS remains a fan. "Sales of $195.2m and an EPS of $0.27 ($0.26 diluted) were in-line," it said.

Concerns in the market centre on the performance of Interwoven (NASDAQ: IWOV - news) , the content management company Autonomy acquired in January, but UBS (Virt-X: UBSN.VX - news) downplays these. It remains bullish on the stock and has left its 12 month price target unchanged at 1,475p.

"While the only comment on the outlook was of cautious optimism and for normal Q3 seasonality, we continue to see a chance FY09 earnings guidance will be raised," UBS added.

Outstanding achievement award.

AUTONOMY BESTOWED OUTSTANDING ACHIEVEMENT OF THE YEAR AWARD



Cambridge Business Magazine Accolade Recognizes Autonomy's Market Leadership, Unique Technological Offering and Strong Financial and Commercial Success
Autonomy Award

You beat me too it Skinny

:-)

20/07/09 Citigroup (NYSE: C - news) has a buy and $25 target for Autonomy

20/07/09 Autonomy upped to buy from hold at Investec, target price raised to 1360p from 1270p.

Looks like someone picked up 1.5 million shares.

I still don't like the chart and think we will see 11 before 13. Watching for now.

I think you could be right Skinny.
A good size buy yesterday

Autonomy Powers NATO

Fairly big (2m) disposal on results day.