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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 > f*ck!
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Comment by Sanderzon Jun 08, 2020 8:34pm
209 Views
Post# 31126797

RE:f*ck!

RE:f*ck!Hey all,

So I was away from my computer for a few hours and now I don't feel so bad, it was a good ending today!    :)


Sanderz wrote: Bought in at $1.19 a couple months back, saw this plummet to the pennies, FINALLY when it surpasses $1.19 today, I sell at $1.23.

Then what happens? price shoots up more.  I bought in at $1.38, only for it to go down and I lose $$$

This is why it's not worth daytrading/flipping


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