MFS Municipal Income Trust V.MFM

Primary Symbol: MFM

MFS Municipal Income Trust (fund) is a diversified closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax but may also consider capital appreciation. It invests, under normal market conditions, approximately 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds. These municipal bonds include debt securities issued by or on behalf of states, territories, possessions of the United States, District of Columbia, and their political subdivisions, agencies, or instrumentalities. The Fund invests in various sectors, such as hospitals, secondary schools, colleges, schools, and water and sewer utility. It has investments in areas, including Alabama, Alaska, Arizona, Arkansas, California, Colorado, Delaware, Florida, Georgia, Guam, Hawaii, Idaho, and Illinois. Massachusetts Financial Services Company is the investment adviser of the Fund.

NYSE:MFM - Post by User

MFS Municipal Income Trust

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Post by a_brownon Jul 19, 2011 6:27pm

239 Views

Post# 18849278

Unbelievable tape-painting

We've seen this many times before with up-and-coming companies. Healthy daily volume at or near even on the day, and a precipitous plummet right at the close on a very insignificant number of shares.
This is "da boys" at work, taking what they and their scumbag masters consider to be their birthright. Pay them no mind.
Long and strong on Marifil.
Trailing stop? I don't need a trailing stop so long as the scumbag institutional traders are trying to scare up shares on the cheap. Mafuggas.

Good luck to all.

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