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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 stocktradinguruon Jun 21, 2020 6:55pm
220 Views
Post# 31174909

Are you holding the bag....

Are you holding the bag....On Hexo...

or did you buy in during the run up---then sell off.

Only entry strategy now is averaging down, to reduce your average share price.

Or buy at the bottom----but you must be able to read the candlestick chart...

We are NOT at the bottom yet... Perhaps .87 cents.

Imagine if you had bought Hexo at .50 cents or so only 3 months ago, say 5,000 shares---then held on until the high of $1.73 10 weeks later, you would have profited huge 1.25 * 5000 

We will likely have a similiar senario play out between now and next earnings in October!!!




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