Morgans Hotel Group Co Up 12.9% Since SmarTrend’s Buy Recommendation

SmarTrend -- SmarTrend, our proprietary pattern recognition system, called an Uptrend for Morgans Hotel Group Co (NASDAQ:MHGC) on 03/25/2009 at $3.41. Since then, Morgans Hotel Group Co has returned 12.9% as of today's recent price of $3.85.