The volume of shorted shares is so overwhelming that the market makers have an olympic size task ahead of them to keep a lid on the price. Good luck with that. The kitd shorts remind me of chum that has been spread in the ocean with the traders and longs circling to get their fill of the very wounded shorts. All good!
If that is in fact shorts covering then it's kind of upsetting that they have a way out w/out any meaningful PPS increase. Don't get me wrong, I love my $8.70 entry but if shorts can cover AH with MM help, it can take less than a week and we would "only" be around $12.
Shorts always seem to have a way out. Of course, no one knows for sure who that is AH.