Do you really think that your trivial interpretation answers the purpose in the present case? This is not the right word here.
Reading between the lines — and this is most important in literary study — presupposes an accurate and comprehending reading of the lines themselves.
moonshine = Informal. Foolish talk or thought; nonsense.
moonshine: Definition from Answers.com
moonshine = nonsense, rubbish, phantasmagoria, (yellow backs , cheap novels) sl. a penny-dreadful