Grubb & Ellis Company's (GBE) NYSE common stock price appreciated 22.7% in a single trading session on 12 June 2009. The stock has been very volatile in recent times and had fallen to a very low trading price after the delayed release of results. However, due to weak 1Q 09 results and the prevailing weak real estate market in North America, we maintain a SELL rating for the NYSE stock even though the current target price does not support a SELL rating....

Grubb & Ellis Company's (GBE) NYSE common stock price appreciated 21.3% in a single trading session on 05 May 2009, continuing a trend of volatile price swings and indicating market perception that the very low prices the stock is trading at establish the company as an attractive investment. However, the real estate market in the US continues to be affected by the prevailing downturn and therefore we maintain our HOLD rating for the NYSE common stock....

Grubb & Ellis Company’s (GBE) NYSE common stock price rallied for a second straight day, gaining 96.6% in a single trading session on 26 March 2009. On the same day the company’s first logistics report, Logistic Market Trends, Qtr 4 2008 was published. According to the report, although vacancy rates have risen for logistics properties, rental rates have decreased very little. It reveals that at yearend 2008, the national average for rental rates…