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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 mrshelving1024on Nov 22, 2018 8:24pm
146 Views
Post# 29012149

760K....yawn....

760K....yawn....let’s hope the volume returns tomorrow and next week.  I suspect that our CEO has his plan locked and loaded...my guess, NYSE uplisting early Dec...release Q1/19 facts, that gives our US investors insight to were this company is going...profits, great fundamentals, awesome balance sheet, NR explaining the expected and NEEDED equity raise to fund the next great expansion of the “ spoke and wheelL business plan...the JV with Molsons.  As long as the company telegraphs their plans properly, US investors will be all over this.  I believe the support levels have been established for HEXO, other LP’s and sector related companies will need to support their P/E’s.
Many will not, it will be a very slow death for the bagholders....as always.
IMHO, there has always been a missing link in the Hydropothecary/HEXO history.  The CEO and his brother in law must be commended for bringing this company from a 150 sq’ basement business to a  1.2Billion $ company in 5 years!!!...great friggin job....but what, again in my opinion has always been missing...marketing and the understanding of self promotion.  These guys have unbelievable business skills...MBA trained, they need to either bring in, or allow the creative, promotional folks from within to step it UP!
No b,s., just the facts and take advantage of situational catalyst to the shareholders advantage.
There is nothing wrong with keeping the investing public, and shareholders on the cusp of change.
Anyways, looking forward to some interesting changes for HEXO.


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