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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 Jefe127on Sep 23, 2020 5:38pm
74 Views
Post# 31607314

RE:RE:RE:RE:Welcome any incoming ACB investors

RE:RE:RE:RE:Welcome any incoming ACB investors
Good Questions!!  A nice big NR will likely squeeze out the Shorts and reset the SP higher to where it should be  - it has been undervalued all year but IMO under SHORT attack the entire time. 

IMO,  There are 2 fulltime S&D /Bashers on the board (you know who they are) - with twisted facts, supplying no links, making defamatory statements against HEXO with no regard for investors. It's actually illegal.

The SP is dropping today because of the Sector Influences which is common after bad news and even sometimes good news depending on what sector the SHORTS are working....Aurora News yesterday was not good...the Business of Short Selling is about keeping the stock price down as low as possible for them to make money. These guys are taking adavantage of Aurora's news by trying to make people believe this will be HEXO next month. Investors make money by investing in a company that does well and SP goes up, up, up  - whereas SHORT Seller don't care if the company is healthy or doing well, they make money by convincing investors to get out by spreading fear in order to drop the SP, even if it kills/brankrupts the company . Investors buy into the fear and the masses sell which drives the SP down!  Investors lose money and SHORTS make money, rinse and repeat.

IMO, The best way to get rid of the SHORT SELLERS is to drive the price up so they in turn get squeezed out of their positions and loss their money X 10 fold.....they don't actually own shares they just borrow them from the bank, betting the SP will be driven down, if that doesn't happen they lose their shirt while investors are reaping the rewards of their investment.. 

If you are looking for more techinal rational then poise the question to QUINN but this is my understanding of the strategy....  this is a real thing , also easy to research
 
  • Short and distort (S&D) refers to an unethical and illegal practice that involves shorting a stock and then spreading rumors in an attempt to drive down its price.
  • S&D traders manipulate stock prices conducting smear campaigns, often online, to drive down the price of the targeted stock.
 

Quietinvestor wrote: OK, I keep reading these types of posts. Why then is the stock dropping if what you are saying is true? Please explain:

- smear campaign against HEXO?
- invetosrs are just stupid?
- HEXO doeas not issue enough NRs?
- aliens are controling the stock market?

Please explain. Not a bash, but explain why it is dropping?

GLTA


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