BLACKROCK Municipal Income TRUST V.BFK.P

RE:RE:RE:RE:RE:RE:Volume strategy

[quinlash]

Jerry, 

Everyone needs to come up with your own buy and sell targets and decide if you will be doing so with all of your cash on the buy and all of your shares on the sell.  As for shareprice, the $2.00 target has been tossed around a bit on the board and frankly I think it's low but I will not say how low I think it is as the target and the timing are two different things (I hold long).

If you look over my earlier posts you can find some of the ratio data I posted then do the math to figure out where the shareprice should be if the ratio hits it's all time high, it's all time average and then some variance above and below the average.  

it will be up to the market to weigh in on the shareprice once the results are disclosed.  The day the numbers come out only those investors who are at the ready will see the numbers first.  How they view the results will determine how many decide to take positions in the company.  Those on the stock prior to the results may decide to exit if they do not like the numbers or exit if the shareprice hits a level where they see enough of a return to satisfy their own targets / gains.

It may take days or longer for the shareprice to settle down and set its new direction following the report so be very careful with trading out any existing position and go over the report in detail.  If you are holding and you see a run you like but unsure if you should exit you can consider a partial sell vs. a full exit.

I suggest mocking up your numbers in a spreadsheet so that you can run numbers and trades faster, be sure to consider your cost of trading as part of your calculations. 

Hope that helps.

GL with your trading

Q

jerrytuts wrote: Hey guys, was just curious if any of you had any estimations of what the stock price could potentially run to the night before earnings and maybe what would happen if HEXO reports well.

thanks to whoever felt like speculating.

J