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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 winterishereon Sep 25, 2020 11:56am
52 Views
Post# 31620303

RE:RE:RE:RE:RE:RE:RE: short position has tripled since May 2020

RE:RE:RE:RE:RE:RE:RE: short position has tripled since May 2020
quinlash wrote: You are very weclome. 

Based on my own research, and by forging for creditable news on the company (actual HEXO news vs. BS articles out there) I am optimistic on the company being successful, posting a soild QTR report and the shareprice going up to reflect this and am in the frame of mind that I am better off adding to my position as best I can and continuing to hold out.

That's essentially why (IMHO) I call the stock a BUY and HOLD stock.  I think the price is GROSSLY undervalued so it's a BUY for new guys and a HOLD and/or BUY for existing investors who can buy in order to move their averages down.  Others may not agree however I have yet to see any credible evidence to convince me otherwise.

Do your own research, trade based on your own position and timelines / targets etc.

GL with it all.

Q


Touran77 wrote: Wow thanks Q.
Completely honest in talking about both sides.
I now understand how it could be viewed as positive.



I  don't think that any of the mj companies have been transparent. They only present the best case scenario and it turns out that pot heads are price sensitive, not some idiots that are going to rush out and buy  trendy snowflake over priced weed.
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