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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 quinlashon Jan 03, 2020 4:19pm
166 Views
Post# 30516597

RE:RE:The Ambulance Chasers!!

RE:RE:The Ambulance Chasers!!I expect it will be over pretty quick. These lawsuits come up all the time when a stock has a drastic fall. As for misleading investors; HEXO simply needs to disclose the assumptions they made to come up with the numbers. You can bet they were overly optimistic on retail pricing and the rollout of retail stores. The assumptions may have also taken into account a deal orpartnership that HEXO was in negotiations with that failed to materialise. They're more likely to be guilty of being overly optimistic on the sector than anything else, just like the investors who bought and now looking to sue. Having a forecast that doesn't pan out is not a crime, besides haven't you noticed the little disclaimers in ever NR you read... they're there to cover the chance that for forward looking statements are wrong. The only folks to make money on these suits are the legal firms promoting them and giving people some false hope of recovering their money Q
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