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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 16, 2020 7:44pm
70 Views
Post# 30562900

RE:RE:RE:Pull back today???

RE:RE:RE:Pull back today???You may be right but we just had the AGM and its a Friday in January  :) 

I'll be gambling on a Friday or Monday morning NR before considering any partial trade / play on the daily swings

GL !

Q


Spectra7 wrote:
Spectra7 wrote:
pg 3 of the MM handbook. Run up the price on the open, inspire more bagholders , (retail) that the run will continue, they buy while the dump and slowly move the price back down to set up the next opportunity. If you have the $$ and the stomach to play, there is always $$$ to be made going up and down. Let's just see were the day ends...I'm thinking $2.20's, lower on Friday. Cheers S7


Hmm...missed it by a couple of pennies today. Should be a slow descent in the morning session, then an accelerated drop to the weeks close as day traders dump for the weekend. Pick a # for the close. Rinse and repeat until the next glimmer of hope NR in the sector. Play the move. Cheers S7


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