Global Sources Ltd
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Research Overview

INDEX:
S&P 500
Sector:
Technology
Position:
Short
Date:
Oct 5, 2011

After conducting a forensic financial and accounting review, Spruce Point believes Global Sources Ltd. (Nasdaq: GSOL), a business-to-business media company, has significant headwinds facing their business and industry, opaque financial reporting, and unusual financial strategies. Based on our latest investigation, we conclude GSOL is a strong sell and believe a fair value for the share price to be $2.50.

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