$Rubico(RUBI.US) plummeted -24% in a single day, which is particularly glaring. $CPS Tech(CPSH.US) and $LUNG FUNG GROUP(02290.HK) also fell by eight or nine percentage points. The three completely unrelated sectors of oil shipping, chemical materials, and consumer goods all collapsed today. The simultaneous sharp decline of unrelated small-cap stocks—did each step on its own landmine, or is it due to poor small-cap liquidity being pushed down by the same wave of capital withdrawal? It seems more like the latter. Looking at each individually, no common negative catalyst is apparent. High-volatility small caps are often indiscriminately sold off on days when risk appetite contracts. $Rubico(RUBI.US) fell so hard. Should we rush to buy the dip or hide first? Personally, I don't dare to catch the falling knife. 🙈