It's not just that, though. The markets aren't particularly liquid, and there isn't much rational basis for any particular price, and a lot of the real trades a

It's not just that, though. The markets aren't particularly liquid, and there isn't much rational basis for any particular price, and a lot of the real trades are being performed by irrational day-traders or poorly designed algorithmic traders. It's all of these elements together that add up to the ridiculous volatility you see in these markets.