VeriSign is a good example of how things don’t always go as planned, even when the setup looks solid.

The fundamentals were strong, the technicals looked good, and everything seemed to be lining up. But sometimes, despite all that, it still doesn’t work out.

In this case, it was because Warren Buffett decided to sell about a third of his multi-billion-dollar stake in VeriSign. A move like that can’t be predicted and changes everything, especially when it comes from someone as influential as him.

So I’ve decided to take the small loss and move on.