A Series of Unfortunate Events

My current situation, up merely 23% for the year, off 9% from the highs, is a dire one. This all started when I sold AAPL north of $130. I recall the peanut gallery, the unclothed reader, was quite upset by it. You tossed feces towards my general direction and threatened me with arson. I ignored these ignoble statements and pressed on.

I then sold ONCE north of $70. Feeling victorious and without fear, I greatly bulked up on my CYBR position and took down some shares of VDSI, for sport rather than necessity. Within 48 hours of my purchase, I was down more than 20% in VDSI.

Chalking it up to a one off event, I then bought back the shares I had sold of ONCE, only to a lesser degree. I bought it at $60 and immediately watched, in horror, as it fell $10 in a single day. After it fell, it fell some more.

Now frightened of my own shadow, I had to reduce my CYBR position ahead of earnings. I sold into a $4 decline, locking in a 4% loss. I had predicted CYBR would beat estimates by .15 cents. They actually beat them by a little more than that; but the stock fell nonetheless. I still hold a decent amount of CYBR. But it isn’t my largest holding anymore, GG is.

Like a coward in the dark, I bought GG at $13.44 and then prayed for western finance to liquidate. I am ashamed to tell you this, but GG is barely above $14.25 now.

After selling a few other large stakes and a general reduction in a number of holdings, I stand before you now, naked, in a 50%+ cash position, watching ONCE descend into anarchy. It is my 9th largest position and I have no recourse other than to absorb the blows and “miss out” on all of the fun the rest of you are having in this market.

‘Tis is my life. You now know it all.