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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 GentlemanTraderon Jul 13, 2020 11:35pm
183 Views
Post# 31263667

RE:RE:RE:Je suis nouveau

RE:RE:RE:Je suis nouveau
You have probably read a lot of the dreamer posts out here. Hexo is facing a reverse split. MJ stocks were in style back in 2018. The hype is long gone. Majority of them will go bankrupt in few months. With the current market equity, there is ton of opportunities out there and many new markets on their way. All MJ stocks are issuing new shares and dilute the sp just to stay afloat. Lenders and edge funds have cut back their investments into the industry making even more difficult to get some financing. I'm not saying that Hexo won't go to $1.50 but this is pure gambling. There is no fundamental base around your position. No market valuation, share price valuation ,ROI, stop loss exit... There is tons and tons of better opportunities out there way better than Hexo. You got burned once and you learn to not doing the same mistake twice or you become an expert in bag holding
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