Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 quinlashon Oct 22, 2020 1:21pm
45 Views
Post# 31765025

RE:Bashers, what don’t you understand?

RE:Bashers, what don’t you understand?Remember, buy low sell high, whatever you do try to never sell under your current average.  If you do be sure you are comfortable taking the hit.  IMHO the QTR report will be positive and give long term investors who want out a much better opportunity to do so on a higher shareprice.

If the shareprice runs up over your average you will also have the option to do a partrial trade to reduce your total dollar investment while (as a result of selling over your average) pull down your average prior to selling.  If you run the numbers you may even find a shareprice to target that allows you to pull 100% of your cash while still holding onto some shares at a new running average of ZERO.

Try and have a spreadsheet put together to run numbers on the fly.  if you are targeting a certain total dollar investment and / or average on the next run it is easier to go to a spreadsheet and have the math done for you rather than trying to figure it out on a big green day.

Worse case on QTR report is Oct 29th.  If you are tired and beaten down... hang tough a little longer.

GLTA 

Q


Touran77 wrote: Even Quiet does not want to sell at these lows, which means he does believe in a spike at one point.

If you don't believe in the stock, then wait for the spike and sell. Come on Reachme, stop selling when it is not the time. (I will retract myself if you are right, don't worry. That said, last time you quit we saw a 20% spike)

If you do believe in the stock, buy or hold, as simple as that.



<< Previous
Bullboard Posts
Next >>