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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 ArnoldLayneon Apr 07, 2021 11:23am
47 Views
Post# 32949224

RE:RE:T-I-M-B-E-RRRRR!!!!

RE:RE:T-I-M-B-E-RRRRR!!!!Yet the impatients ''get rich overnight" are getting more and more anxious, causing more and more to capitulate at a loss and then come spewing garbage here. All part of the cycle, the more they cry, the nearer the bottom. Glta
Touran77 wrote:

LetsGoBaby65 wrote: Sme sh1t, different day.

What else is new here. Ugh!

 

So funny how easy it is to see who bought high like FOMOs and now cry to their mommies.

I'll repeat again, I wouldnt be surprised to see it go down to 7$ CAD. I personally don't think it'll go lower than that. If it does, we would confirm a weekly downtrend, red flag for swing traders!

Also important, this sector can move up really fast, this is why SLOWLY scaling in at those prices is a good strategy. We like to see 300% in 3 months, we shouldn't be surprised by a huge pullback.
GLTA

Quiet/Doggy/All others that don't like me- No I can't predict the future. Neither do you. My swing positions are based on technicals. My long is based on the fact that I do believe in Hexo.

GLTA



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