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Regal Entertainment NYSE:RGC : It's ex-div, stupid!

By Notable Calls | March 2, 2010, 11:21 am

In case you're wondering why the Regal Entertainment (NYSE:RGC) upgrade from BMO got sold so aggressively on open, here's the reason:

Six Stocks Going Ex-Dividend First Week of March

That's right. The BMO Capital analyst Jeffrey B. Logsdon chose to upgrade RGC on ex-dividend date. The guys & gals that bot RGC last night on hopes of a ex-div play got a bonus!

Seesh!

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