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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 VeritasVernon Oct 15, 2021 12:12pm
86 Views
Post# 34010184

RE:RE:RE:RE:RE:Cocky pumpers

RE:RE:RE:RE:RE:Cocky pumpersYou forgot one key point that is huge: one year from now there will be discussions, and price pressures, again, on just how Hexo will pay off the $300 million debenture that comes due in early 2023. Only a clueless-moron thinks the strategy is long-strong

quinlash wrote: I can project out net gain and net loss.  Loss side is more challenging but it can be done with enough time and effort. 

To-date, Canopy Growth, Tilray and Auoroa Cannabis are yet to turn a net profit, this applies to HEXO Corp as well.  One can compare the progress to profitability across each of these players to see which is progessing the most rapidly to crossing the profit line. 

The Cannabis Sector as whole is a High Risk / High Reward sector to be trading in, a downturn, regardless of duration is not an indication that a shareprice will not recover and set new highs.

If you take up a position for days or weeks your odds are lower of making a successful play (IMHO) committing to a year or longer tends to be the better option, again JMHO

GLTA

Q


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