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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

BLACKROCK Municipal Income TRUST > HEXO CAN FILE AFTER 29 OCT - READ
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Comment by Jefe127on Oct 22, 2020 7:49pm
58 Views
Post# 31769198

RE:RE:RE:HEXO CAN FILE AFTER 29 OCT - READ

RE:RE:RE:HEXO CAN FILE AFTER 29 OCT - READIt's the perfect set up for an EPIC SHORT SQUEEZE!!  

quinlash wrote:
Touran77 wrote:
Quietinvestor wrote: https://www.investopedia.com/ask/answers/08/company-misses-financial-statement-deadline.asp

KEY TAKEAWAYS

  • Companies scheduled in advance the date and time that they plan to file their quarterly profit results.
  • Investors keep an eye on these scheduled dates and are likely to punish the stock if the company misses a filing, as they are apt to assume that the firm is experiencing financial problems.
  • As a result of the impact it can have on the underlying stock, companies rarely miss a scheduled filing; they are more likely to reschedule to a later date if there is a problem, rather than miss reporting results.
  • When a company does miss the quarterly reporting filing date, certain regulatory rules go into effect.
  • If a company misses the filing date by more than one day, it must file for late notification and explain why it was late.
  • Companies have a five-day grace period for quarterly reports and 15 days for annual reports; as long as they file within this period, regulators consider the filing to be timely. 
GLTA

Far from Ideal though.




IMHO any date released other than the 26th is going to result in the market reacting immediately, which way that goes will depend on the market.  I'm long and optimistic so I ride it out regardless and decide if I need to reconsider anything based on the latest numbers from the company

GLTA

Q





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