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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 quinlashon Jun 18, 2020 12:38pm
62 Views
Post# 31165367

RE:Why buy at $ 1.04 when you can buy at 0.80 ¢ soon

RE:Why buy at $ 1.04 when you can buy at 0.80 ¢ soonIf you are so sure that the price is going down you can profit from that, it's called SHORTING.  If you want to short a stock you need what's called a margin account, it's not a typical account so you need to specifically ask your broker to open one for you.

Here's How it Works
https://www.youtube.com/watch?v=CAs_aX95tVQ

Here's why it's not a smart move
https://www.youtube.com/watch?v=6T0MSUjsHlo

Here's what happens when you get it wrong.
https://www.marketwatch.com/story/help-my-short-position-got-crushed-and-now-i-owe-e-trade-10644556-2015-11-19

Now, if a short-seller wants to "help" drive the price downward they can go onto chat forums about the stock and start posting really negative things proclaiming the stock will go down etc etc etc... those sort of post are done by people who can be considered HUMAN GARBAGE as they are really trying to scare investors into not buying or selling their current shares... bit of a DIRT BAG move but who cares right?  It's not the short-sellers concern if another investor (especially new investors) get sucked into garbage posts on a forum.

Here's the Basher's Handbook to help explain how it works
https://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1dr223l-Anatomy%20of%20a%20Basher%20-%20Do%20and%20Don%27t.pdf

Anyhow, something to consider, just try and play straight-up on charts, typical stock moves and such, don't be a dirt-bag.

Q






Frankzanes wrote: HEXO goes down everyday without stopping because of the tons of SHORTS. So I don't understand why you bought at $ 1.04 when we know very well that it will keep going down to 0.80 ¢ soon...


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