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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 CorporateRebelon Jan 05, 2018 5:18pm
98 Views
Post# 27293983

RE:RE:Be careful with the speculation

RE:RE:Be careful with the speculationWouldn't it be great if THCX's next "innovative" product was a pack of weed cigarettes :D 

scruffman wrote: I truly beleive the future of this market is being able to produce, manufacture, market and sell a weed product similar to a pack of cigarettes.  Gone will be the day when people buy weed in bulk and roll their own joints. I see a future where the majority of weed will be sold, marketed and consumed in  the same way tobacco is today. If they can get the quality right, the conveniece will be too tempting as it currently is with cigerettes. Margins are higher for the producers as well.

That my friends is the future where the market will go...count on it.



CorporateRebel wrote: Theres a lot of risk factors for any LP prior to realizing profits or income against projected cannabis supply. 

Most LPS have not even grown a batch in their large facilities, not just THCx but all. Imagine what one large failed batch at an LP might do to others. While this is an industry wide concern, I think we will have some new areas of concern emering in the nxt 3 months. At least the shorters and bashers will start looking at these elements. 

The share price valuations based off profit does not take into account up front capex investments, etc. or even those that may have leasing models for equipement etc. This kind of napkin math in theory is great to soothe the soul, but we , like any other company, face lots of issues prior to receiving a 10 times P/E ratio. 

Weak distribution partners will also affect LP pricing imo, so if for example manitoba can't figure out how to distribute in time for legalizatio, those LPS hinging off sales from that province based of PROJECTED DEMANd, will suffer. 

THCX can easily move into the 6-7 space, there are lots of other concerns and dimensions that will become relevant as we move into that space. 




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