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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

Post by quinlashon Oct 07, 2020 2:20pm
113 Views
Post# 31681018

Note to Newbie Short Sellers

Note to Newbie Short SellersGuys, I could care less if some big broker or bank makes or loses money so I am not posting to do one over on honest investors ok.  You can be bearish on the stock, that's fine, I'm a HEXO Bull and everyone knows it.

We have honest investors on this stock and I am absolutely sure we have a number of short sellers who have no ill will against HEXO or HEXO investors as well.  I am suspecious though that we have some newbie investors who discovered short selling and decided to try their hand at it without fully understanding how it works.

If you are NEW to short selling, especially if you have never covered a position before. Please, for God's sake, call your broker and ask what has to happen in order for you to successfully cover and what happens afterwards. Ask if the shares you want to cover need to be available on the market at the price you wish to cover at. 

Be sure you are reading the numbers on your screen correctly and you are not confusing the number for profits rather than your dollar amount owing to your broker.

GLTA Honest Traders.

Q
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