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 > Pump and dump

<< Previous

Bullboard Posts

Next >>

Comment by quinlashon Jun 09, 2020 6:38pm

152 Views

Post# 31130957

RE:Pump and dump

HEXO is expected to be cash flow positive in the first or second QTR of their Fiscal Year 2021.

If you know the difference between a FISCAL Year and a CALENDAR Year you will know that 2021 starts for HEXO in 3 Months...

The market will set the price, maybe that price will present better buying opportunities, maybe these are the lows we will see for some time.

Trade with a strategy and have patience or fret and worry about every penny a share price moves by.. it's your money, it's your trade, the Market Cares Not.

Q

pikeroo_007 wrote: A pump and dump was mentionned here, that is the stupidest thing i have read in a while. First of all if you want to do a pump and dump take a company where the sharefloat is extremely low so it can be easy to grab control of the sharefloat. Do you know how much money it would take to do this with Hexo? Common....classic pump and dump scheme research Guy Gentile. I witnessed one on a garbage pick up company Avalon Holdings. Ticker AWX. Stock ran from 2$ to 40$. It had a 3 million sharefolat at the time. I think he owned like 1.8 million or more of the float. Hexo is not a pump and dump. It needed a breather. I am not expecting that much of the next report, but more on the 2-3-4 reports after that. By mid 2021 this could easily be back to its glory days of 10+ So you can get in now and wait or wait after earnings which is safer and could possibly get cheaper. Like 1.00-1.20

<< Previous

Bullboard Posts

Next >>

Sony’s Alpha 1 II: A new professional photography standard?