This is why crash is king: when liquidity dries up, the entire structure of "there's always a buyer" collapses. When there are only sellers and few buyers, markets crash. When the underlying value of the asset can no longer be known with any certainty, it's not rational to gamble that the first or second leg down is "the bottom." --Charles Hugh Smith
The Biotech index is about to manifest the above. If so, AMRN will test 2.65 - 2.70.