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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

BLACKROCK Municipal Income TRUST
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Post by BillionaireBoyon Feb 14, 2020 10:57am
208 Views
Post# 30691467

Given the volume of Over 10 Million shares in the first 90

Given the volume of Over 10 Million shares in the first 90minutes of trading in Hexo and the sudden spike upwards the shorts are frantically covering. There must be a takeover offer on the table for Hexo! There would be no other reason for such a huge volume in the shares unless the accumulation is for the purposes of a takeover. Even if Hexo reported good news you would not see this type of volume or spike in the shares. I bet another company wants Hexo for its deal with Molson. Maybe a foreign distillary company! GLTA  HEXO LONGS!
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