Thursday, April 20, 2006
I Got Played
Biggest trading mistake in quite some time. I dumped Portal Player (PLAY) in the pre-market at the high 13's for my largest loss since an ill-timed Juniper Networks (JNPR) short sale. The shorts were right on PLAY, and I got played. I am a fool. Simple as that. They lost the iPod business for the most part, which was the bulk of their revenue. As much as it sucks, at least I can laugh about it... no ulcers here.