Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by quinlashon May 22, 2020 2:42pm
97 Views
Post# 31062208

Going into Close... calling .91 / .94 close

Going into Close... calling .91 / .94 closeWell.. I'm certainly glad it's Friday, I think watching the trades is destroying my eyeballs.. anyhow..

Trying to figure out a call for the close here.. Monday the markets are closed in the US so any Americans we have on here today are going to want to buy in case of good news coming out.. like drink launch etc.  Those concerned with the price pulling back may sell.. then we have all the long haul investors who just don't give a darn and are willing to patiently wait.. humm.. we also have the margin accounts to consider... 

Ok.. pretty sure margin accounts are loaded heavy and they will be taking into consideration the possibility of good news on the weekend... soo... considering where we are...

I am thinking volume will start to ramp in the last 30 minutes of trading and the closing shareprice will fall into the range of .91 to .94 


Market sets the price so lets see if I wet-fingered this one right today

Q

<< Previous
Bullboard Posts
Next >>