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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

Post by pikeroo_007on Jun 09, 2020 6:16pm
179 Views
Post# 31130900

Pump and dump

Pump and dumpA pump and dump was mentionned here, that is the stupidest thing i have read in a while. First of all if you want to do a pump and dump take a company where the sharefloat is extremely low so it can be easy to grab control of the sharefloat. Do you know how much money it would take to do this with Hexo? Common....classic pump and dump scheme research Guy Gentile. I witnessed one on a garbage pick up company Avalon Holdings. Ticker AWX. Stock ran from 2$ to 40$. It had a 3 million sharefolat at the time. I think he owned like 1.8 million or more of the float. Hexo is not a pump and dump. It needed a breather. I am not expecting that much of the next report, but more on the 2-3-4 reports after that. By mid 2021 this could easily be back to its glory days of 10+ So you can get in now and wait or wait after earnings which is safer and could possibly get cheaper. Like 1.00-1.20
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