To The Moon

$Lumentum(LITE)$  Coherent is up over 8% right now, driven by massive AI demand. LITE looks like it has bottomed.

$Lumentum(LITE)$  People will get burned if they keep shorting. This stock will go up. If not today, then tomorrow. It's too vital for AI.

$Lumentum(LITE)$ I really don't like how the deal was structured, or the timing of it. That said, I don't think MRVL and LITE are going to sit in limbo for 18 months with both stock prices just floating where they are or lower. Once this AI and tech sector correction passes, why wouldn't both of them move higher? It's been a rough couple of days, but I'm thinking a bit more clearly about it now. The declines weren't driven by anything business related at either company.

$Palantir(PLTR)$ For whatever reason, this day really tired me out. Palantir is going to be just fine though. Awesome company. Congrats to those who bought at the early lows.

$Palantir(PLTR)$ Expecting more upgrades soon, and with these earnings reports, a price target raise to somewhere between 260 and 290 looks likely.

$Lumentum(LITE)$ Volume patterns show growth on up days and shrinkage on down days, which lines up with accumulation.

$Palantir(PLTR)$  Looks like the shorts are getting squeezed while others buy and cover. The stock is heading back to normal levels with a profit.

$Lumentum(LITE)$  The deal should be based on LITE's closing price on 10/28/2026 at $913.95. Once the deal closes, the exchange ratio would be $931.95 per MRVL share on the closing date. I think LITE is worth more than 4.5 shares right now.

$Lumentum(LITE)$ We still won't be sure if the merger will eventually go through, but the immediate focus for MRVL and LITE should be on firming up their combined product offerings to stay ahead of their respective competitors, since both optical and chips are in high demand. If they play it well, this could provide EPS growth that's not priced in. Just to put it in perspective, 1/3 the size of AVGO would already be a $500b market cap for the combined company. I'm holding on as a long.

$Lumentum(LITE)$  Sentiment is weighing on things today, and there's clearly some heavy disappointment. Give it a few days and the mood should shift once people start to see the structure of the deal. The current deal cost is $70 bln for MRVL, which looks like great value. LITE shareholders stand to benefit as well.