Obviously FGL was sold by the players chasing the dividend entitlement. In the past FGL have gone in the market to obtain the Dividend reinvestment stock, so this is quite likely after numbers are known on the 7/9/2009. Once the dividend strippers have been absorbed by the market, FGL should improve a little in price, but probably doesn't rate a buy rather more a hold.
Regards
Buffett
PS No investment advice given please do your own research as views above are only my personal thoughts & not investment advice.
ex dividend price movements
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