"What people need to remember is that the higher the price goes...

"What people need to remember is that the higher the price goes the bigger the price swings will be up and down. "

That's not correct at all. As a sp increases, the volatility always decreases if the climb is sustainable. As a stock becomes much larger, it becomes much more stable due to increased liquidity (i.e. exiting holders don't have to dump into a collapsing bidding line up).

One exception is when the sp rises extremely rapidly. There is heightened fear of a fall and thus panic can spread easily and quickly. That's what we're seeing now.

If you are in a $500m mc stock, then you won't see a 20%, let alone 30% fall, unless there is an unfolding disaster (which management may or may not have disclosed).

Given the ultra rapid rise in this sp, there will be major volatility for a while yet.