Rays in the wild eat primarily a diet of crustaceans and insect larvae, especially when young.. even when old, they eat fish and crustaceans.
These crustaceans, insect larvaes, and other organisms are all 'gut-loaded', per say, in the wild. This makes the food source of stingrays in the wild to be very nutritionally advanced, varied, and likely un-recreatable.. These food sources in the wild consume algaes, vegetation, insects, and a plethora of other things to provide a wide variety of vitamins and nutrients. The more freshly consumed the matter contained within the food source, the more that nutrition that food source passes onto the rays.
The bloodworms, market prawns, and other seafoods we offer them, do not offer this varied nutrition, nor any gut-loading nutrition at all for that matter. The seafood we offer in captivity is ALOT less varied in nutrition, but very high (probably too high) in Protein, Carbs, and Calories.. The more processed the seafoods, the less nutritionally advanced it is.
So, in order for a Stingray to compensate for the lack of varied nutrition, they must over-eat in order to fulfill the wide range of vitamin requirements their body needs to osmoregulate, develop, and grow..
Ever heard of Coprophagia? When you're dog eats it's own poop? It's caused from a lack of nutrition in their body, and their bodys natural compensation instinct is to re-process the food in order to extract the nutrition needed. Many small animals, especially Rats, practice coprophagia even when they are not nutritionally depraved.
So, relating that to Stingrays.. I believe Stingrays "gorge" themselves on high protein seafoods, that are less nutritionally varied, in order to compensate for the lack of varied vitamin sources in that food.
It's kind of like the toys in the boxes of cereals.. If all you wanted was 10 toys, you would have to eat 10 boxes of cereal to get your 10 toys.
So if a ray wants some Vitamin K, he only has to eat 10 market prawns to get his Vitamin K.. when in the wild, a single small organism could fulfill the need for Vitamin K.
This is my theory.
I hope it makes sense.
PS.
I agree with overfeeding as a possibility.. Natural fasting and day-off scheduling is a good idea.
A healthy ray in the wild is never 'overweight', probably because it gets enough nutrition without having to eat excessive amounts of fatty seafoods.
I believe rays eat the way we do because hobbyists sacrifice nutritional variety for pallatable foods.. Pellets, Insect Larvae, and Worms are likely better staple diets than seafoods.
I agree that metabolism in captivity is differing from metabolism in the wild, meaning we should watch what we feed very closely..