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 > BEWARE OF THE PUMPERS ON THIS BOARD

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Comment by quinlashon Oct 06, 2020 5:28pm

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Post# 31677685

RE:RE:RE:RE:RE:RE:RE:RE:BEWARE OF THE PUMPERS ON THIS BOARD

Yes, there are people out there who manage their own investments and have been doing do for years. One is typing out this post...

Long term means long.. if you trade on the day, the week, or even on the quarterly reports you are what I define as a day-trader. This means you are trading for a specific target or event in the market (eg a strong report, or shorting for bad report).

There is no right or wrong on how long you want to be in the market for, that's your call. You can even buy high and sell low, that's again up to you. Rule 101 is buy low sell high.

If high in your world is 5% on a daily swing then knock yourself out. If high is 20%, 50% or a double, again, knock yourself out. The approach I use is to locate a market I like that has future potential in 1 to 3 years then be prepared for some extra time in case things take longer than expected. That approach is hard for many to get their heads around with the desire to "get rich quick" thing buy "get rich over time" seems to work better IMHO.

The young guys are blessed with a once in a century opportunity with the Cannabis Sector as far as I am concerned. By the time the winners emerge and those winners hit their full potential I will likely be floating around on a large lake in a boat I never should have bought (that my wife hates me for buying) trying to catch a fish I really don't intend on eating.

For HEXO.. I'm optimistic, yes, been beating the drum for months now, I will forego the list of reasons why but I'm here for a long time yet to come. I one day hope to shake the hand of the CEO and thank him for taking the necessary steps to build a successful business and have a chuckle about the months during the downturn... I still suspect I will want to smack him over the head with that book coming out but I hope the guy forgives me for it.

Before anyone comments... NO! I still don't have the HEXO Vape thingy so I'm not high ;)

Q

quinlash wrote: Hey Cougar,

I'm a long-term investor, been so for many years. My main interest in the Cannabis sector is HEXO and my original investment timeline was 3 years to a max worse case of 5 to align with my retirements plan, nothing else. I use a mixed approach to trading where I do partial trades, often in blocks of cash and pull the cash on some of those blocks of shares if I see what I consider as a worthwhile but temporary spike. Sometimes I'm right, sometimes I'm wrong but that's trading.

No plans to fully exit HEXO until 2021 when my earliest target dates start to come in.

All of my recent trades have been buys... for giggles I have been doing them around when the bashers show up.... I enjoy trading.. what can I say :)

Q

CougerMilk wrote: Quiet, you suggested that some claim to be long when they aren't. But, for example Quin hasn't just said he's long. He mentioned that shares he picked up last week in the .80s he planned to trim. I plan to keep my Hexo holdings under 10% of my portfolio and have exceeded that, which means I also have to trim, unless the rest of my investments grow faster. I don't know if you were including me in your maligning statement. But, I am certainly more focused on the positive, don't have a whole picture of what's going on and I have complaints about Hexo. Plus, I can see positive in some things that others may find negative (e.g., possible RS), although vice versa is also true (e.g., product shortages).