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

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Post by Jaydcrzyon Jan 21, 2019 8:35pm

459 Views

Post# 29262402

This is how the game is played

Pot stocks have been on an absolute tear in the past 3 weeks. It is ironic how Hexo has been pumped right up to the nyse listing after already coming 40% off the lows. The tsx has had an unreal winning streak and is due for a major correction. This is a pre planned run to get retail fomo. Just watch the discount the institutions will get on this financing deal. If they do a 15day average we will be right back to 6$. This play was too obvious expect a gap down tomorrow.

imho
jay

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