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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

BLACKROCK Municipal Income TRUST > Why Hexo board's lousy with bashers last couple days
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Comment by Jefe127on Sep 24, 2020 2:30pm
39 Views
Post# 31612546

RE:RE:Why Hexo board's lousy with bashers last couple days

RE:RE:Why Hexo board's lousy with bashers last couple days

The Net Effect of Short and Distort

When a 'short and distort' maneuver succeeds, investors who initially bought stock at higher prices sell at low prices because of their mistaken belief that the stock's worth will decrease substantially. This selling pressure drives the stock price lower, allowing the S&D traders to cover and lock in their gains.
(AND INVESTORS LOSE...) THEY ARE SHORTING HERE EVERY DAY WHICH IS WHY THEY NEVER LEAVE (accept last Friday when they were busy working on Aurora)!



Touran77 wrote: Cougar: isn't bad that their is a lot of shorts selling? Doesn't mean that they think they will buy back at a lower price? I'm confuse here, thanks for the clarification.


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