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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 Bubula50on Jun 28, 2022 7:54pm
67 Views
Post# 34789097

RE:RE:Quinlash

RE:RE:Quinlash
quinlash wrote: Bubula,  

You are stating exactly what I am speculating on... that Keeler is trying to influence selling in order for his Hedge Fund to buy back shares to cover the his short position.  If investors sell at a loss it's likely just a source of amusement for him as their losses become his gains.

In my opinion The Short-Position in place is made up of many first time traders new to shorting and have no idea how fast a SP can jump if the right news is released. 

Here is an example;   

Let's say Tilray goes public on their next offer to buy out HEXO Corp.  If they offer $1 per share the SP will snap to $1 as no one will be willing to sell their shares for less. The same holds true for $2, even $3 (if the same offer is made public).  If they up the offer to anything above $3 then the SP will snap to the price offered as (again), no one will sell shares for less.

If Tilray makes an offer then HEXO refutes the offer then releases news of it's own as to why they declined the offer then again, the SP will adjust to account for HEXO's reply to Tilray.

One thing a Short Trader and a Long Trader have in common...  both groups prefer to buy / cover as cheap as possible.

Best Regards

Q

- Long on HEXO












Bubula50 wrote: It pisses me off to read you making insuinations re Keeler. Keeler has tried to help investors here see the light and not be fooled by you ...... This stock is a POS and if he is influencing investors to sell so be it ......It's for a reason Time is promised to nobody ... you always finish your posts by saying Long on Hexo. It's wasted time and years to be sitting waiting long in uncertain times. Had Mulaku listened to me and sold his Hexo shares or some of them and bought ARU he would have made a ton by now ..... he's just one example. Investors here are sitting and waiting and hoping and praying and time is passing by. Keelers advice to sell is the right one. .... There are great plays out there ..... Granted it could take a while to recuperate but to wait for a dead stock that fluctuates a few cents here and there is not the way forward .... Long on Hexo ... hmmmm how long ????? In the meantime my rec ARU from June 1st at .62 is up 53 % in 4 weeks... Selling and swallowing that bitter pill. Investing and clawing back bit by bit at this point is the best way in my opinion...... So please stop this c*** Quin of pumping this pos. Bubula




No I don't buy this. We are not on the same page. My thoughts are he is trying to save investors by getting them out of this NOT to benefit himself ...... And as for myself I am fortunate to be in a position where I know a somebody that gives excellent tips that always do well even if they retract .....there will ALWAYS be an opportunity to make profit with the tips at 1 point irrespective what happens after ..... And I have tried to help you investors by sharing them ......... OPS .... CRDL .... MOGO .....SALT .... THNC .... those are just some ... I get given 2 tips on average a month and my husband and I do very well ......... Not bragging ... just frustrated and saddened to see you all here waiting for this POS . Latest ARU which as the same as THNC had hardly any volume .... Lesson here is because a stock has hardly any volume 500 etc means squat ...... This is how THNC and ARU began ... ARU could drop dramatically tomorrow who knows. I am up almost 5K in 1 month and 3k in 1 month on another holding .... both tips..... So it's just sad to see you all here waiting with big losses..... And fricken annoying Quin that you keep pumping.... I stand by Keeler not because he is a friend .... But because he is trying to help investors get out from this and NOT TO LINE HIS OWN POCKETS.... Fffffff
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