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.

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BLACKROCK Municipal Income TRUST > 🤔 WAIT for...

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Comment by quinlashon Apr 08, 2020 4:16pm

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Post# 30891711

RE:🤔 WAIT for...

If you think it will do that low you should consider placing a short on the stock, that way you can make money as the stock price goes down. All you have to do is talk to your bank about opening something called a margin account. When you are 1000% sure the price is going down you can place a short on the stock and pocket the difference between where the SP was and where it falls to.

Here's some information on Short Selling:
https://www.investopedia.com/terms/s/shortselling.asp

Just be careful though, if you get it wrong you can actually lose more money than you invest (crazy hey..).

When Shorting Goes Wrong...
https://www.marketwatch.com/story/help-my-short-position-got-crushed-and-now-i-owe-e-trade-10644556-2015-11-19

Here's your fallback plan.. if you place a short and the shareprice starts going up all you need to do is start going onto all the investor chat forums and start perdicting crazy low Shareprice numbers or twist up some information on the company that is almost true but not... convince lazy investors who are messing their pants that they should sell and scare off new investors from buying on the pullback.

Easy isn't it... what's the worse that can happen ;)

Be sure to discuss the pros and cons of short selling with you broker before actually proceeding with it.

Q