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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 Rothchildishon Jul 06, 2020 11:53am
143 Views
Post# 31228913

RE:RE:RE:RE:Gambling a losing company

RE:RE:RE:RE:Gambling a losing companyThey are currently one of the only companies offering this kind of price point. If it gets traction, competition will notice and will launch a similar offer, adding pressure to already thin gross margin. It could be a good strategy if they were one of the big guys (force out competition by undercutting selling prices), but they aren't. Theres no point in arguing with the other guys just pumping all day, copy pasting bits of articles and ludicrous claims. These boards are toxic and encourage malinvestments. Ask any of them to offer a sensible valuation based on numbers and they all run away
VeritasVern wrote: good point RothChild, original stash sells for a low profit margin if at all. Problem is you need to buy an ounce to get the price of $4.50/gram. Black market just matches that but you need to only buy a quarter so they outsmart hexo. This stock is so great it went from $1.72 pre-financials to $0.97 today.... Volume is pathetic which is a strong indicator of sp weakness to come. 


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