Time to make some money...Grubb & Ellis Company (Public, NYSE:GBE) Watch this stock

Tapinder Katoch Investments www.stockcaps.blogspot.com
Grubb & Ellis Company (Grubb & Ellis) is a commercial real estate services and investment management firm. The Company operates in three segments: Management Services, which includes property management, corporate facilities management, project management, client accounting, business services and engineering services for unrelated third parties and the properties owned by the investment programs it sponsors; Transaction Services, which consists of its real estate brokerage operations, and Investment Management, which includes providing acquisition, financing, disposition and asset management services with respect to its investment programs and dealer-manager services by its securities broker-dealer, which facilitates capital raising transactions for its real estate investment trust (REIT), tenant-in-common (TIC) and other investment programs. In July 2010, Grubb & Ellis Company acquired a 100% interest in its Las Vegas affiliate, Grubb & Ellis Las Vegas.
Posted on 12/20/10 at 2:48pm by Chip Brian



(via COMTEX News Network)--
Shares of Grubb & Ellis (NYSE: GBE) are trading up 8.7% to $1.25 today on above average volume. Approximately 1.1 million shares have traded hands today vs. average 30-day volume of 212,000 shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of GBE to see if this bullish momentum will continue.
Grubb & Ellis Company is a commercial real estate services firm. The Company provides transaction services, management services, financial services, and strategic services to clients worldwide. Grubb's management services operate through its Grubb & Ellis Management Services, Inc. subsidiary.
In the last five trading sessions, the 50-day MA has fallen 0.71% while the 200-day MA has slid 1.07%.
In the past 52 weeks, shares of Grubb & Ellis have traded between a low of $0.91 and a high of $2.35 and are now at $1.18, which is 30% above that low price.
Write to Chip Brian at cbrian@tradethetrend.com
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