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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. 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’s investment policies provide that the Fund 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 (except that the interest may be includable in taxable income for purposes of the federal alternative minimum tax). Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

Comment by Chemguyon Feb 27, 2018 1:36am
218 Views
Post# 27626008

RE:my first post, please be gentle

RE:my first post, please be gentle You are correct it is off but... SAQ is taking a slow start and increasing the amount needed every year. By 2-3 years they will need a total of 150 tons total, this number came out of the QC parliamentary hearing the CEO attended few months ago. No doubt it is better to have fresh product then product drying up on the shelves that was orders months ago.thats the approach the Eastern provincies did and they expect to have a surplus for the first year.  I also believe in your investing thesis, however you are downplaying that US prohibited alcohol but countries around the world were still producing alcohol....Canada will be the first G-8 country to legalize!!!! I am going to wait out bear market as the last bear market was also between Jan-May 2017.... it is the same cycle right now, so hold, don't let people scare you from your shares... in 2019, Hydropothecary will have revenues of at least 250 Million according to the  the TR reports in the research dock of your investing portal.. I asked various friend the question " would you prefer to buy thc oil  in a peppermint spray or diluted in sunflower or coconut oil(as tweed and most LP's use these oils as the carrier oil) " and all said a peppermint spray!!!. Also according to diffusion of drugs across blood-brain barriers, aerosols or sprays are more effective then a liquid bulk oil. Go long :) 
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