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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 CougerMilkon Sep 25, 2020 9:21am
68 Views
Post# 31619292

RE:RE:RE:SHORTSELLING TELLS YOU ALOT ABOUT A STOCK

RE:RE:RE:SHORTSELLING TELLS YOU ALOT ABOUT A STOCK
Rothchildish wrote: The cannabis sector is done. Stop looking in the past its not coming back. The valuations were whack and based on hope. Nothing has materialised. It was all a pump and dump. You trying to pump and revive a deceased patient is hilarious. How much do you have invested in this POS and whats your average? If you dont have 100k on it i dont see why youre posting everyday knowing it wont affect the price
CougerMilk wrote:
And yet, MOST of the current trading volume is short sellers! Actual Hexo shareholders are not selling. They are buying. They are buying are what the shorts are selling at $.86. That tells you something... that Oldtimer intends to sell those shares back to the shorts at $2. And, why are shorts piling on? A reverse split. Just like Aurora in May. What happened? The ACB share price more than tripled when the shorts tried to cover on the bad news. Only those shorts that held on for 4 months are now breaking even. The next 4 months for Hexo don't look anything like the last 4 months for Aurora.


Wow, Roth. You're looking at 100K loss on your shorts!? And, you're holding out for the "sector to be finished"!? That is sobering. I hat to think what would happen if the other 18 million shorts cover before then.  

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