Whew! Last week was a doozy for investors, wasn't it?

Unfortunately, if you own shares of Ambarella (NASDAQ:AMBA)Ciena (NYSE:CIEN), or Five Below (NASDAQ:FIVE), there's no reprieve -- the volatility will continue. That's because these three stocks are all heavily shorted, and all three are reporting earnings.

When these two forces combine, volatility is almost always the result. To see for yourself, check out the three stocks I highlighted earlier this month, which moved an average of 16% following their respective earnings releases.

But as we learned last week, trying to make a quick buck on this volatility is a (small f) fool's errand -- there's no telling if these stocks will go up or down. Instead, I think that current shareholders in these three companies should check out the slideshow below to: (1) see what Wall Street is expecting, (2) see what's really worth paying attention to over the long run, and (3) steel themselves for the week ahead.