It means someone is betting that this stock shoots up. $12.59 seems possible, but my target remains $3.00-$4.00 (crossing fingers that happens before EOY).
Someone is definitely accumulating these last few days. Someone at Foxconn???? (just guessing/kidding here)
IRR and NPV for this investment is killer.
Disclaimer: My posts should not be construed as investment/trading advice and is not meant to be a solicitation or recommendation to buy, sell, or hold any securities mentioned. Please perform your own due-diligence and make your own investment decisions.