From Frank Holmes at US Global

"The rolling 20-day intraday volatility reached 7 percent and is currently running around 5 percent, as noted on the above chart. JP Morgan says that level has to come down to 3 percent to attract institutional investors who are now sitting on the sidelines."

But we are not institutions, we are buyers of first resort, and at much lower prices then the institutions who will snap these shares up as a short squeeze will preclude stability.