To The Moon

$SanDisk Corp.(SNDK)$ $Lumentum(LITE)$ $Micron Technology(MU)$ If you still have cash, memory is now a steal. In 6 months everyone that bought this and the recent dips in memory and AI infrastructure will be obscenely wealthy.

$Marvell Technology(MRVL)$ $Lumentum(LITE)$ If the deal closes on typical terms, most of the damage already looks priced in, which would put MRVL around $205–230. A bad deal paired with weak AI sentiment could drag it down to roughly $190–200. The dilution math: • Before the news, MRVL was worth about $221B (~$252/share). LITE is worth about $83B. • A typical 30–40% takeover premium means paying roughly $108–116B in new MRVL shares, around 430–460M new shares on top of roughly 880M existing. • Combined value ($221B + $83B) divided by about 1.31–1.34B shares comes to about $227–233 per share. • If you treat LITE as overvalued (Morningstar thinks it's about 20% above fair value), that drops to abo

$Marvell Technology(MRVL)$ This looks like a good buying opportunity. Management can't do an all-stock deal for $Lumentum(LITE)$  at the current share price. Management will announce no deal, and the stock should surge.

$Lumentum(LITE)$ Neither Lumentum nor Marvel has denied the news. What shorts think the price should be doesn't really matter here. The only thing that matters is how much of a premium Marvel is willing to pay. The price should be out soon, and it will likely be much higher than where it's trading right now.

$Lumentum(LITE)$  Holding 210 shares at 400. Added another 100 at 918 earlier today. The takeout price has to be north of 1150.

$Marvell Technology(MRVL)$ The buyer tends to dip on the news, while the target tends to rip. $Lumentum(LITE)$  is the target here, so that side looks positioned to move up.

$Lumentum(LITE)$ $Marvell Technology(MRVL)$ $NEBIUS(NBIS)$ Overnight trading looks manipulated on small volume. Once a large buy order shows up, bears tend to step aside. Prices seem to have already bottomed out.

$Lumentum(LITE)$  If anyone saw a Marvell–Lumentum headline somewhere specific, send me the link and I'll check it. It could be a rumor or a very new report that hasn't shown up in my searches yet.

$Applied Optoelectronics(AAOI)$ $Lumentum(LITE)$  $Coherent(COHR)$ Photonics is the play for tomorrow, and AAOI is my number one pick.

$Lumentum(LITE)$ Shorts are looking a little uneasy right now. Call sellers seem to be in the same spot.