I feel your pain. It's never been easy to be a contrarian. The market still skeptical about telecom supplier. I got whacked to day. 33K. Ouched.
JDSU come back like a vengean ( 15 % ) CIEN back to even after hour. Those short will be fried someday.
One thing interesting I got from JDSU board ( I own 8K) that they are about to gat a large order from EU company. Wonder who is this (ALU, NSN,ERIC) ?
JDSU is the optical component company. If they are doing good, that mean the upstream companies ( ALU, JNPR, CIEN) will do well. We just need to be patience.