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 > Hexo sits at $2.20?!?!

<< Previous

Bullboard Posts

Next >>

Comment by Bubula50on Jan 24, 2023 2:43pm

36 Views

Post# 35242970

RE:RE:RE:Hexo sits at $2.20?!?!

Keeler wrote: Krikey!! You're right!.

So Hexo really IS a pos bankrupt company.
The only ones who'll make any money are the new investors since the split and the day traders.

burnt for example - a 'long' - postedt that he had a $1.00 average cost pre split, so $14.00 now.
$12.00 in daily gains liek today - and he'lee be even.

But in reality, THAT kind of loser is never going to get his money back.
(no offense burnt - I meant a loser investor, not you personally being a loser)

Realistic44 - (1/24/2023 1:49:24 PM)

RE:Hexo sits at $2.20?!?!

Slightly before that 14-1 there was the 4-1 split so that’s really .03875 cents.

Realistic44 - (1/24/2023 1:49:24 PM)

RE:Hexo sits at $2.20?!?!

Slightly before that 14-1 there was the 4-1 split so that’s really .03875 cents.