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BLACKROCK Municipal Income TRUST V.BFK.P


Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

Comment by Spectra7on Dec 23, 2022 11:50am
50 Views
Post# 35189592

RE:RE:RE:RE:Market Capitalization

RE:RE:RE:RE:Market Capitalization
quinlash wrote: The price of shares is set by the actions of investors and traders.  This applies to HEXO Corp but also to all other Cannabis Producers and every stock that trades on the StockMarket.  The entire Cannabis Sector has been beaten up in 2022 with HEXO not being spared.  The sector and HEXO Corp will recover as more investors take interest in the sector and HEXO itself.

When Biden took office in early 2021 the sector (and HEXO) seen the 2021 highs but when he failed to act on his promises the sector (and HEXO) started to sell off.  The sector will likely see it's biggest ramp up and longest period of running again once more tangible evidence comes to light in terms of US Legalization.  Outside of that we will likely see HEXO ramp up hard and run on a positive EPS report or a report that beats street estimates in a big way.  If the company is indeed on track to report EPS positive on the next report then we don't have that long to wait IMHO.

Other actions on part of the company could produce positive results, these would include (but not limited to);  Renewed Insider Buying on the open market, Press Releases for notable product rollouts, a new take-over bid for the company (or multipe offers)

News on US Legalization is not hard to find however progress is painfully slow and taking much longer than myself and, I am sure many, ever expected.  The delays can somewhat be justified by the onset of Covid, the attention the US is giving to the Ukranie Conflict and other marco level events however each of these are starting to move behind us and the excuses for not legalizing in the US are getting harder and harder to find.  This could also be why we are now learning that US MSO's are actually taking legal action to move things in the right direction











Little "q"...is it possible that you truly believe that if you repeat the same mistakes and information enough times that even you will believe yourself??
It's the only thing I can come up with.
Geeeesh.
S7
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