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.

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BLACKROCK Municipal Income TRUST

Bullboard Posts

Comment by Longongreenon Dec 10, 2018 12:04pm

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Post# 29091977

RE:There's one problem. HEXO's value added products don't SELL!

Please don't listen to this guy. If you check stock every day for both the Qubec and Ontario online stores, you would clearly see that HEXO's products (flower, ground, pre-rolls and sprays in Qubec and sprays in Ontario) are one day in stock after replenishment and the next day sold-out again. The only exception to this trend that I see is the intimate spray (Fleur de Lune) which has not caught on IMO due to a lack of marketing (likely legislation-related).

So, to sum up, HEXO is regularly re-stocking the shelves in both Ontario and Qubec and as quickly as the products hit the market, they are then sold out.

THIS IS A VERY GOOD SIGN. Wait for the financials Monday and more importantly, the quarter to follow. I do find it interesting that OGI has delayed its financials until its general meeting on December 17th, the day HEXO is slated to announce its own financials.

THEDUMPPROPHET wrote: Guys... obviously you shouldn't listen to anyone on this board to buy or sell, but do yourself a favour and check out how much of HEXO's value added product (oils / MISTS / etc)... are sitting on shelves unsold.

With so many LPs selling out of product at better price points -- you neeeeeeed to ask yourself... why am I invested in this.

Their JV has no cash investment -- there is nothing keeping Molson loyal to HEXO once they pillage their expertise.

I actually think HEXO is a buyout target as they continue to decline. Full disclosure -- I bought at $3 sold at $8 and have no plans to buy back unless it goes back to the 3s.