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 > TD Webbroker screwed me

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Comment by quinlashon Jun 09, 2020 10:12am

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Post# 31128270

RE:RE:RE:RE:TD Webbroker screwed me

"Speculation" is what the stock market is all about. Buyers are "speculating" there will be gains in the share price from where ever they buy.

If you firmly believe there will be a sell off prior to earnings release you should consider trading through a Margin Account (aka Short-selling).

Here's some information on what short-selling is
https://www.youtube.com/watch?v=CAs_aX95tVQ

Here's why it's not the smartest move out there...
https://www.youtube.com/watch?v=6T0MSUjsHlo

Here's the story of someone who got a margin call wrong
https://www.marketwatch.com/story/help-my-short-position-got-crushed-and-now-i-owe-e-trade-10644556-2015-11-19

If you want to drive the shareprice down yourself you can always go onto chat forums and post BS information and try to scare off investors and convince others to sell.. here's some tips on how to do that... (scummy move but it happens all the time)

Basher's Handbook
https://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1dr223l-Anatomy%20of%20a%20Basher%20-%20Do%20and%20Don%27t.pdf

Sanderz wrote: Yes, maybe more buyers today, looks like it. But I'll tell you my personal opinion, I wouldn't be surprised if right at financials there's a big sell off especially with this price hike/momentum going on.

quinlash wrote: With the share price ramping up again there may be more buyers deciding to hit the market value buy. Market will set the price so we will see how it goes

Q

Sanderz wrote: Ok, just went the SP went to $1.70 now, my order was filled at $1.59 finally. What a SCAM

Sanderz wrote: So as we know, the pre-market bid was being marched down quite a bit right before opening. So I put in an order to sell at market (btw it's extremely rare I sell at market), then what happens? The order doesn't get filled, it stays open (I'm thinking, how the hell is it not filled when it's a market sell?)

So I cancel the order, and it says "cancel pending" for the past 10 minutes. So now I can't buy OR sell because TD got me all stuck and screwed.

anyone else have that problem?