BALTIMORE — Orb came up short in the Preakness, frustrating everyone who made the Kentucky Derby winner a 3-5 favorite — no one more than trainer Shug McGaughey.
‘‘I’m disappointed,’’ McGaughey said after Orb finished fourth and Oxbow pulled off the upset Saturday. ‘‘I’ll be more disappointed tomorrow than I am right now. I know the game. It is highs and lows. Probably more lows than highs.’’