$Lumentum(LITE)$ Earnings are

$Lumentum(LITE)$ Earnings are out, and the stock dropped initially. It recovered quickly, but not before shorts piled in. The stock then went over $1,000, and the shorts started sweating, with the price yo-yoing between $960 and $990. They're already asking for directions to the nearest soup kitchen.

Whoever previously mentioned holding at $950 was absolutely right. Shorts jumped onto the message boards as they watched their positions at $940 vanish almost instantly. No pity for them at all.

When you come onto a board to bash a winning stock just to cover your short, you've already lost. Chicken noodle and minestrone for those wondering... better get there early.

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