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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

BLACKROCK Municipal Income TRUST
Bullboard Posts
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(2)
•••
Comment by Trade4funon Aug 08, 2019 9:14am
75 Views
Post# 30006063

RE:RE:RE:RE:Hexo.wt

RE:RE:RE:RE:Hexo.wtOk, here is some math for you abecedarians...along with some facts.

HEXO warrants as of closing yesterday: $1.59 cdn. HEXO stock on April 29th 2019: $11.11 cdn
HEXO stock as of closing yesterday: $5.81 cdn. Hexo warrants on April 29th 2019: $5.49 cdn

Say you buy a HEXO warrant at $1.59
When that warrant triples in price, it will be trading at $4.77.

Not so hard to believe considering the company is better in every possible way since then, and they are about to remind us all when they announce Q4.

You could always just sit back and watch from the sidelines and wish that you had bought at these prices. That would be the "safe" thing to do.

I think that we sitting at the ground level of a big upswing, and we will see $14 cdn before 2020.
quebec4ever

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities