Lyric discussion by out of range 

Cover art for Hit Or Miss lyrics by New Found Glory

Personally.. It's about the only NFG song I like, and it's one of my favourite songs.. What it means to me is:

This guy who could have had this girl, they spent all their time together. She left him for another guy though. He was there for her, even held her as she cried, and would have told her then that he loved her, if it wasn't for she was already with this new guy.. All he can do is hold onto the memories, all the things they've done and just keeps playing the record over and over it's thier favourite song, because it's all he has left of her... being regretful, because he could have had her, he could have been with the one he loved, but he messed up, and misses her.

just my opinion