Which song best describes the future of Grubb and Ellis?
We've all been reading recently that Grubb & Ellis has (again) put itself up for sale . And the sharks apparently see blood in the water, as shares closed at $0.40 today . I think the company has to be looking to raise cash and pay debt, as evidenced by deals such as sales of its pieces . But then to top things off today, I read that Shawn Mobley, the former president of brokerage services, is hitting the road and that a number of other senior brokers are jumping to Cushman , which has been on a expansion tear. So, that brings me to my question: which song best describes G & E's future? This one? Or this song? Honestly, I could see it going either way, or perhaps a buyout of the name only. I try not to predict anymore because the opposite of what I think happens usually does.