The reason that the price keeps moving up because Shkreli uses the very old trick "buy and sell at the same time with the price higher and higher" (Jim Cramer explained this fund manager's tactic many years ago) to lure investors in. Beside he control the float so no one can short but himself.
I'm with you. KBIO will drop down slowly but it's different with Kmart-Searl because kbio has no valuable assets for Shkreli to sell piece by piece to get money back like Lambert. So he'll sell his shares before kbio crashes to secure profit. Be aware naive investors!
He's the guy who bought Turing Co. and increased daraprim price from less than 1 dollar to more than 700 a pill (more than 5000%). He bought 1.2 mil KBIO shares (more than 50% float) probably less than a buck/share. Overnight, he made kbio price increase from 2.07 to 21 before market open. I'm pretty sure he already sold almost all his shares and pocket dozen million dollar profit to the shorts who're forced to cover because of margin call like Joe Campbell and the naive investors then let kbio go into bakruptcy later.