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 > Hexo end of its second negative phase .84c ????

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Comment by Rothchildishon Aug 07, 2020 11:28am

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Post# 31379055

RE:Hexo end of its second negative phase .84c ????

Big baller alert 6000$ purchase on the way!!! How many burgers do you have to flip to load that margin up?

Analyste-57 wrote:
I just placed a buy order for some 7,500 shares at .85c which is .01c higher than the end of its negative third phase which I believe.

I could be wrong of course, but I don't believe Hexo is going through a negative third phase, based on my primary analysis. On top of that, I have the support of this .84c resistance which is seconding me. I am on the stock market than to make $$$ with titles without falling in love with them.

Hexo currently works like this for the moment: I give you and I take back and this, by making two nice positive phases which brought Hexo up to $ 1.73 then unfortunately two negative phases which possibly will bring the price of Hexo to 84c.

Too bad for me if I am wrong by a few cents above my purchase price of 85c. I remain faithful to my analyzes and I will look elsewhere as always.