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 > Where are the BASHERS ! Good news are bad news for them :-)

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Comment by quinlashon Sep 17, 2020 12:32pm

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Post# 31576930

RE:RE:RE:RE:Where are the BASHERS ! Good news are bad news for them :-)

Your numbers are your numbers, if you are looking at the stock and you want to use the one day low of 50 cents as your worse case scenario for downside then go ahead, if you want to use the last 30 day average, the last 60 or 90 day then go ahead. Just decide where you think the downside is and where the upside potential is then invest according.

Long story short, if you can't handle the ride then don't get in the saddle.

Q

VeritasVern wrote: Right thanks for correcting me. So the actual low was somewhere near 0.95 then and we are now a .98. Wow what was the point whoknows was trying to make??


quinlash wrote: Hey VirginVern is back...

So Vern, yes, the 52 week low was posted on one day at 50 Cents... ONE DAY a large number of shares sold and the downward movement stopped at .50 cents... that story too long and complicated to understand ?

The day this occured on was March 18, 2020... that's almost 200 Days ago. The day AFTER that low was posted the day high was .95...

Did you not look over the charts Vern? No worries. The data is available for anyone who wants to actually look...

Here's the link to view the historic data
https://ca.finance.yahoo.com/quote/HEXO.TO/history/

Q

VeritasVern wrote: Bone-head, the stock has a 52 week high/low of $6.13/$0.50 and you are giddy over a current price of less than $1? Clearly you dontknows much....

whoknows wrote: ...and suddenly the BASHERS are gone ! Maybe they are sick to see HEXO performing well this week. Poor Roth and VERN :-)