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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

Post by Ryezensum911on Aug 01, 2018 7:08pm
236 Views
Post# 28401236

Just for Schitts n Giggles

Just for Schitts n GigglesAny Guesses on tomorrow's "day trading"? I've been in and out of this stock for the last 10 months. Viscerally,I have a good feeling about the future of this company, but I must say, it sure has its challenges holding a gain. I can certainly see why "Rothchild" likes to short this one at times. I suspect this will jump to just over $5 out of the gate tomorrow morning, and after the usual morning money grab, I suspect this will go back down to $4.27ish, closing around $4.56. As I did not sell today, I hope I'm completely wrong here, but this seems to be the trend for this stock regardless of the quality of the news! This is all just short term playing as I'm sure most of you here realize, this is an amazing long term play. Just trying to have a little fun through the manipulation games, and offset a little short term frustration! Hit me with your best shots! Cheers!
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