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

2
Player Avatar Gtrinvestor (99.72) Submitted: 5/16/2007 8:03:57 AM : Outperform Start Price: $24.32 MHGC Score: -111.79

Stock is a just starting to break a profit, so the P/E is not really a good indicator of value on this one. Rather, the growth trend is looking favorable. I also like the insider buying by the CEO (Mr. Scheetz). He has a record of successful insider purchases, including his transactions with NorthsStar Realty Finance (see WSJ article on regarding his favorable insider buying history dated 5/16/07).

Member Avatar Gtrinvestor (99.72) Submitted: 12/28/2009 11:31:11 AM
Recs: 0

Well, Mr. Scheetz has been buying and selling shares of this stock like a regular trader. Most recently, he sold... 8o( Not a good sign for the company's long term outlook. Oh well, I'll keep tracking this stock, but not seeing value here yet, even with the stock at 1/6th of where I started rating it over 2 years ago.

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