The Anatomy of a Short Attack – Abusive shorting are not random acts of a renegade hedge funds, but rather a coordinated business plan that is carried out by a collusive consortium of hedge funds and prime brokers, with help from their friends at the DTC and major clearinghouses. Potential target companies are identified, analyzed and prioritized. The attack is planned to its most minute detail.
If my memory serves me correctly that $1249 number was created in one of the FB groups using very conservative market penetration numbers upon marketing approval.
We're quite away from marketing approval, but math is math and that price target honestly isn't crazy should blarcamesine prove out in the trials.