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 > New release predictions

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Comment by VeritasVernon Aug 25, 2020 3:17pm

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Post# 31451773

RE:RE:New release predictions

Quin what is your source regarding shorts closing positions today? or is that just more of your anecdotal commentary. You did warn about shorts scrambling last week when it was 1+.

quinlash wrote:
Childish... you disclosed you are short on the stock so I am not going to trash you, I'm long, I disclosed that as well.

Regarding the shorts covering, some have today, i can assure you of that. Others may have no option left but to hold in their short before buying out the shares. That's trading.

Best of Luck with your investing.

Q

Rothchildish wrote: I remember the clown Quintrash saying that shorts would scramble when the big drinks announcements would be released. Crickets. Yeah didnt happen. Like 99% of the stuff he says. But like a broken clock, hell be right once in a while. I would use him as a counter indicator, everything he says do the opposite.