Morgans Hotel Group Co. (NASDAQ:MHGC)

CAPS Rating: 1 out of 5

An integrated hospitality company that operates, owns, acquires, develops and redevelops boutique hotels in gateway cities and select resort markets in the United States and Europe.

Recs

1
Player Avatar scoobamang (< 20) Submitted: 8/6/2009 3:23:44 AM : Underperform Start Price: $5.04 MHGC Score: +40.56

Huge debt. Little bit of cash. Just released a stupid 'Who do you want to be?' advertising campaign. I want to be a person sleeping in a reasonably priced and sensibly furnished hotel room. Lost $20 mil last year.

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