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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 quinlashon Nov 23, 2022 12:17pm
28 Views
Post# 35122302

RE:RE:RE:RE:Top Teir 1 Rankings by Zacks (HEXO Strong Buy)

RE:RE:RE:RE:Top Teir 1 Rankings by Zacks (HEXO Strong Buy)Skater.... 

There are Pigs in both Short Positions as well as Long Positions.  Currently Short Position "Pigs" are sitting on unrealized profits in excess of 40%, those profits turn to losses as a shareprice increases. 

As there is no top to how high a shareprice can go there is no cap on those losses.  The easiest example to look at is the run seen on GameStop where the shareprice ran from apx $2 to over $400, that was fueled by short position traders who assumed they had a easy win and were proven wrong with losses exceeding 1000%

A short failing to cover / buy back the position is actually more of a "greedy pig" than a long who fails sell some or all of their shares at a profit as the losses, even on a small short position, can far exceed 100% of the trade.

Here is a link to help explain it to you and anyone else not clear on the subject... it can also shed some light as to why you see Bashers on stock forums and why they insist on posting noting but negatives.

https://youtu.be/6T0MSUjsHlo





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