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

BLACKROCK Municipal Income TRUST

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Post by smallcaptdron May 20, 2022 5:33pm

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Post# 34699585

Unless there's news or guidance....

This is now in selloff mode and unless theres news to clear the air from talk of bankruptcy or reverse split then the shorts are making huge coin and they'll buy them back at $0.10 where this is heading plus people are now aware not to jump in early morning when the SP is green because after that always comes the selling its predictable now. You can make huge coin selling at the high of the day and then buy back after the SP drops. Buying and holding this is 100% Risk! JMHO
(always DD)

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A junior copper-gold stock trading at a bargain of monumental proportions