Quincy Lee is a man of patience that is currently being tested in the Chinese market. The investment manager driving returns for nearly $1.1 billion under management at Teton Capital Partners has been vocal regarding Chinese markets in the past. Now, he watches as Chinese stocks he sold short race higher by 35% since January. This is despite the rather stunning deterioration in the individual corporate’s fundamental revenue structure.
Mads Bødker via Flickr
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Teton Capital Partners - A stock with a negative tangible value and sky-high debt to earnings ratio is...
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