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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

Comment by Jefe127on Jun 02, 2020 8:02pm
89 Views
Post# 31104179

RE:RE:Good VS. Evil, Quinlash against the Knob (a.k.a A RAT)

RE:RE:Good VS. Evil, Quinlash against the Knob (a.k.a A RAT)
Knob, I cosider myself to be a realist as well, but opposition on a forum for HEXO investors absolutely makes you the bad guy in this story.  If Quin was on HEXO all of last year then you can see where the price started at the beginning of the year and where it started to turn down.  The guy talks a lot about strategy trading and selling portions of his position as the share prices go up.  He also said one thing to do was to consider selling half your position on a double.  HEXO traders from last year could have doubled several times.  Quin might of sold half his shares when he doubled and may be sitting on shares with an average cost of ZERO or sold more than half to pocket some profit and still have shares in the company, not unlike myself.  If you invested before the downturn iit's a good strategy. 
If we had a few more QUINs on StockHouse I would not have waited so long to create an account and come onto the board myself but .
Go short, go long, I’m ok with my decisions on the stock. I looked over their numbers and read all the good and bad articles out there, suffice it to say I have thoroughly read everything that is publicly available Online.  I think HEXO got unfairly beaten down by the media (and other things), BUT I still think there is big potential in the company within the time I am willing to hold my shares.
 
As for infused drinks. I have my opinions too but the articles I have found say this… where infused drinks are being sold alcohol sales are dropping.  I believe Molson-Coors see this trend too and that is why they formed the two joint ventures with HEXO and why Constellation Brands invested so heavily into Canopy. The research suggests the market for sparking CBD beverage is ripe - no intoxication what-so ever! You know the saying, if you can't beat em, join em....  so alcohol and cannabis are pairing up to attract an entirely new market. 
 
 
https://www.thecannabisinvestor.ca/have-no-beer-legal-weed-is-here-beer-sales-decline-as-canadians-opt-for-legal-cannabis/

 


FXtheknob wrote: Jefe I am not evil but a realist as opposed to Quinass and the delusional retard quebec4ever. They have constantly over the years spoke about HEXO and how they were on the cusp of making huge money. They have been wrong on all accounts and in fact are likely down 80% on this p.o.s. that is near bankruptcy. They have some working capital but if the watered-down beer doesn't pan out they are cooked. Why would you want to drink thc infused non-alcoholic beer to get high? Most would rather have a real beer plus a thc tab or edible. 


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