The One That Got Away

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Oh, this one makes me put on my sad-face. I was short Riverbed coming into yesterday morning, but I got stopped out at a small loss. I didn't really have the time to re-assess the stock yesterday, but you can imagine how my heart sank after yesterday's close when I saw the stock getting pounded 17%. My heart sank further still as the stock continued to collapse during regular-hours trading today, losing over a quarter of its value.

Sigh. Such is the risk of overly-tight stops.

0420-RVBD