i agree with you but who knows. i think people are trying to get into this sector but people still don't know whats going on so most seem to sell without a second thought on fear of the unknown. they read a bashers post or they notice taht its up 30% one week and down 30% the next week they just flip and get back in. the whole sector is in this continuous cycle.
on top of that all the traders are just waiting to see which "new" mmj company springs up each day to put there money into for a couple hours..