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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 Keeleron Jul 08, 2021 6:59pm
58 Views
Post# 33519105

RE:RE:RE:RE:Bottom line

RE:RE:RE:RE:Bottom linequinlash - (7/8/2021 2:25:07 PM)
RE:RE:RE:Bottom line
The CEO did not set the shareprice to the highs of 2019, nor did he set the SP to the lows of 2020, in 2021 the CEO did not set the high of $14 nor did he set the lows we are seeing right now.  To think the company is responsible for a SP movement is ignorant.  SP goes up, and it goes down, in the Cannibis sector the price moves faster than many can handle but the same rules apply, you only lose money when you sell at a loss.  You can buy whenever you like, average down if you like, then sell when the shareprice is "enough" over your average to make it worthwhile for the time and effort you are willing to commit to the stock.


I think everyone except cultist pumptards know that a lack of confidence in the CEO is the reason the share price is where it is.
"share goes up, and it goes down" - this is the kind of incredible insight a  pumptard offers.
"you only lose money when you sell at a loss"..................uh, yeah I guess so.

But why does a pumptard glorify SSL when the share price goes up?
I guess a paid pumptard wouldn't dare insult the boss, right.
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