SouFun Holdings (NYSE:SFUN) operates the biggest real estate internet portal in China. Through its principal website (www.soufun.com) the company provides marketing, e-commerce, listing and other value-added services to China's real estate sector. The company has around 2 million active users and generates ~700,000 daily unique visits. Earlier in April, the California based Glaucus Research Group, also a SA contributor, published three research reports which advocated a short case for SouFun holdings. The research firm gave a "strong sell" rating to SouFun's stock. However, I believe that SouFun was not a "strong sell" then and it isn't now. Glauscus Research has highlighted some of the company's questionable investment decisions and the role of its Chairman and founder....
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