Maybe they are keeping it from breaking out over the next few days since options expire this week. If they prevent it from breaking out, then the option writer doesn't get exposed to all that cash in the money on the $10 and would be in the money $12.50 calls.
I really think the head scratching is due to the shorts. I don't know why, but these China small caps. are in play for the 'shorts'. I don't have a good list of them but I'm in two, KNDI and CCME. I don't understand it either since I'm not inclined to short stocks.