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 > Patience

<< Previous

Bullboard Posts

Next >>

Comment by INVINCEon May 05, 2020 10:05am

48 Views

Post# 30987318

RE:RE:RE:Patience

You make me laugh

quinlash wrote: Longs that have not averaged down yet are likely sitting on high averages but they haven't lost a dime if they haven't sold. The change in value of an investment only matters when you hit the sell button. You can be up 100% but you need to sell for it to matter, same on the loss side.

INVINCE wrote: I agree with you Patience is the KEY but not for longs who still holding a way HIGHER price, the ratio of cash benefits for them is 0% return. Patience is only for those who bought in under approx 4.00 and their outcome is potentially worth while. Keep in mind stock markets can change in a split second whether position or negative

RainMan91 wrote: I agree with Quin, patience is key. We could see SP move to .78-.80 today or tomorrow and never settle back below.