Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 SteveB44on Aug 14, 2018 9:40pm
139 Views
Post# 28461496

HEXO has zero exposure to Ontario to date....so why sell??

HEXO has zero exposure to Ontario to date....so why sell??Hexo has the largest single supply contract in a Canada that pretty much takes all their inventory for 2018, a pending partnership with Molson/Coors who happens to be one of the largest beverage companies in world and people sell this week right before the product starts to roll out the door??

I understand that Canopy and Aphria (which I also own shares of) were counting on a massive amount of business being guaranteed from Ontario but HEXO was not.....anything they received from ontario was a bonus. Now by the time next april rolls around this delay will allow them to have product available for Ontario and in the fall when beverages come on-Line. Plus HEXO can now offer some of their products from day #1 on-Line plus they already work with Shopify which is doing the work for Ontario. 

I suspect that is why HEXO dropped less today than APH/WEED but HEXO has to be the best value out their at the moment IMO. 
Bullboard Posts