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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 24, 2020 12:34pm
72 Views
Post# 31186267

RE:RE:RE:RE:Tension at max......

RE:RE:RE:RE:Tension at max......
pikeroo_007 wrote:
quinlash wrote: If 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: Yessssssss!!!!!  >>>> HEXO at 0.60¢ soon  <<<<<<

 


If I were to short a stock it would not be Hexo.  There are better opportunities out there like floating empty boats of Carnival Cruise Lines.  There are some positive fundamentals with Hexo and I do not see that in CCL.




Traders like to profit on the up and the down movement, all depends on your view of where it is going and when.  Newbie shorters tend to under-estimate the risk associated with the short play and end up chucking all their money over to brokers who were "so kind" as to lend the shares out... the brokers don't mind lending those shares when they think the share price will go up and they will get paid out by the shorters then still have the shares.

Q





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