Richard T. Szymanski, CFO and Secretary at Morgans Hotel Group Co. (MHGC), bought 3,000 shares at $2.97 ($9K) on 2008-11-20, disclosed to the SEC on 2008-11-24.
Open-market purchase of $9k MHGC by CFO and Secretary. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Something here stands out, but not much.