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Real Estate News Releases
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(EMAILWIRE.COM, November 15, 2011 ) Chicago, Illinois - The Stockfather (www.thestockfather.com) believes that Grubb & Ellis Company (NYSE: GBE) will continue to move upwards, after their gleaming third quarter results where released after hours yesterday.
Grubb & Ellis Company (GBE) reported unexpected numbers, they were fantastic and a total 180 turnaround from their 2010 third quarter.
Grubb & Ellis Company (GBE) has been beaten down and was not getting the attention that the company deserved, mainly due in part to the real estate market. The commercial real estate market is now picking up however.
Another up however.
Another real estate investment trust is, Chimera Investment Corporation (NYSE: CIM), which was up .24 cents, or 9.41% on after hours news.
Grubb & Ellis Company (GBE), which trades on the NYSE, should honestly be trading higher than .38 cents a share. Thestockfather.com feels that (GBE) is a future triple, or more.
Sirius XM Radio Inc. (NasdaqGS: SIRI) is a very good company and a decent stock, but it just isn't moving, it is up .02 cents one day, and down .02 cents the next day. That is why The Stockfather likes (GBE) better at this point.
Bank of America Corporation (NYSE: BAC) is a gigantic bank, but they are really starting to irritate their customers with the extra fees.
Bank of America Corporation (NYSE: BAC) is a "wait and buy" at this point.
Pacific Ethanol, Inc. (NasdaqCM: PEIX) is by far one of the hottest stocks right now. Pacific Ethanol, Inc. (PEIX) is up nearly 90% in the past two weeks.
Pacific Ethanol, Inc. (PEIX) may fall soon, due to profit taking.
Grubb & Ellis Company (GBE) is trading near its 52 week low and has a price target of $1.50, but many investors out there believe that (GBE) could go even higher.
To join The Stockfather's stock alert email newsletter, visit their site at http://www.thestockfather.com.
About The Stockfather:
The Stockfather searches the markets (from OTC to NYSE) for stocks positioned to make big gains. Stocks and companies are featured on The Stockfather web site and e-newsletter.
Disclaimer:
For this news release, The Stockfather was not paid to profile the company(ies) or stock(s) mentioned. The Stockfather does not own any shares of the stock(s) mentioned. The Stockfather is not a registered investment advisor. Investors are responsible for doing their own research and obtaining professional investment advice. Investors should visit www.thestockfather.com for further disclosure information.
The Stockfather
David Conway
312-473-5916
alerts@thestockfather.com 
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