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 > Patience

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Comment by INVINCEon May 05, 2020 11:49am

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Post# 30988010

RE:RE:RE:Patience

Another poster who has over a millon cash in his porfolio. The Pope. I didn't realize we have so many millionaires posting

Thepopeisdope wrote:

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.

You are going to wake up one morning very soon...make your coffee....look at this board and see the sp at 30 cents...then you will 10 cents...then this board will be removed once HEXO goes under for the last time....then you will have to find another failing sector to invest in and hope all over again...js