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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

BLACKROCK Municipal Income TRUST > Tension at max......
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Comment by KantoTerroron Jun 25, 2020 10:56am
110 Views
Post# 31190285

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

RE:RE:RE:RE:RE:Tension at max......As I said, we all can speculate what will happen tomorrow...I don't like pumpers just the same as the shorters...People get excited about Truss and Molson partnership but we're a long way from that. I'm a long on hexo and load up on the bottom and unload some shares when something goes amiss...make some money lose some money...
Analyste-57 wrote: Kanto Terror.

You said: I don't think Hexo will hit the $ 0.50 bottom yet, but that $ 0.80 is quite a possibility.
 
Answer: Let's just say the real things: Hexo can go down to this .84c resistance which would very possibly represent good support before starting to go up again.
 


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