Varitronix sold

Following the profit warning that came out after the close on Friday, I sold my shares in Varitronix (HK:710) this morning for prices ranging from HK$3.10 to HK$2.83. Net of dividends and transaction costs, I realised a gain of about 16%. This may be a case of panic selling, but I have had too many recent experiences with companies not living up to expectations.