i'm pretty sure this song is about breaking up with your boyfriend because you think you've found someone better... but eventually you lose your virginity to him because you thought he loved you and you loved him, ("i'm naked and shaking, i know now i musta been crazy for letting you slip away from me, now i see that it's taken, heartbreaking"), but you realize that you made the wrong decision because he's not the guy you think he is. but when you actually want the other guy back ("didn't want him when he wanted you"), he's found someone else. (ahem karma).
i'm pretty sure this song is about breaking up with your boyfriend because you think you've found someone better... but eventually you lose your virginity to him because you thought he loved you and you loved him, ("i'm naked and shaking, i know now i musta been crazy for letting you slip away from me, now i see that it's taken, heartbreaking"), but you realize that you made the wrong decision because he's not the guy you think he is. but when you actually want the other guy back ("didn't want him when he wanted you"), he's found someone else. (ahem karma).