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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 GentlemanTraderon Sep 02, 2020 11:22pm
109 Views
Post# 31499922

RE:RE:RE:RE:HEXO - THE LONG FACT

RE:RE:RE:RE:HEXO - THE LONG FACT

Many of you are confusing options granted and insiders buying shares...

There was no insiders that bought shares from their own pocket since Nathalie Bourque back in Dec and she paid $2.12 for 25K shares.

Options are right not an obligation usually offered to senior officers to a public traded company as an incentive. It became very popular with start up companies that doesn't have the money to retain talented managers especially if the company is not profitable.

You are entitled to your opinion but I believe a RS is necessary for Hexo regardless if they become profitable in the near future. The float is way to heavy and beside the market regulations are against them. Unfortunately, I don't see any way out at the moment. 

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