TechFlow News: On June 1, Serenity stated that the current sell-off in the photonics market is primarily algorithmic “follow-the-leader” selling. The stock movements of most laser- and optics-related companies—from AAOI to SIVE—appear closely tied to LITE’s performance, despite improving fundamentals for some firms, such as discussions linking AOI with AMD and NVDA.
Serenity believes algorithms inadequately distinguish individual stock differences—especially high-beta names, which are more vulnerable. If the market has yet to price in Sivers’ additional undisclosed optical module customer progress, such developments could still drive outperformance over the long term. It also noted that intraday market volatility frequently reaches 20%–30%, and it personally avoids trading such short-term fluctuations.
