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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

Post by pikeroo_007on Jun 23, 2020 10:35am
121 Views
Post# 31180585

Market Makers

Market MakersSeem in full control.  From this mornings action it would seem to me like they can do whatever they want with the shareprice.  If I were you I would not trade this in/out as they will quickly knock you out of your position.  Unless you are very lucky.  You saw how easily they climbed it to 1.16....then easily back down to 1.09....next time they do such a thing it will powerfully continue up and you will get knocked out.  Be careful with their mind games!
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