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.

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BLACKROCK Municipal Income TRUST > I'm in.

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Comment by quinlashon Jul 09, 2020 11:56am

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Post# 31245656

RE:RE:I'm in.

HEXO still has one more QTR report before year end. CEO expects company to be EBIDTA postive within 2020 or by Jan 2021 at latest.

With the 1/2 ton of product already out the door to Isreal they may have moved closer to crossing that milestone marker much faster than the market has yet to realize. Additional shipments to Isreal may come about as well.

Price to sales ratio on the shares is $3.87 without accounting for the new sales channel they just announced so a target of $1.50 CDN may be lite however the market will set the price, regardless, a gain of 50% on an investment in 6 months beats the living life out of anything the bank can provide so it's all good.

Q