You may be right on the risk dropping as these stock continue to go lower, but so is the reward. The PE's that were given before these short attacks at peak levels has to have dropped. Now how much they have dropped is hard if not impossible to quantify at this point. Could a 3 PE on a china stock be a sell, and a 1 pe be a buy, that possibility does exist, if these shorts continue to keep attacking. All is just my opinion, and I could always be wrong though.