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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 Giocatoreion Oct 29, 2020 1:19pm
103 Views
Post# 31804210

MANIPULATION BY SHORT INTEREST!

MANIPULATION BY SHORT INTEREST!Hexo is being manipulated by the short interest big time!  They have been keeping it in a narrow range for the past month. Once in a while it edges up but they have been controlling the price.  In my opinion they will continue to do this until they cover their poition. When you see a short volume ratio of 30-40%, it is not just buying to cover. At these volumes it would not take long to cover 20,000,000 shares.  I think that these guys still have a large number to cover.  It would be nice to finally see a short squeeze in action, especially being long.  It makes no sense otherwise.  Hexo is a $10 stock. We don't know the timing. Will it be in a year, 2 years or 5 years? We know book value is $3. We know they can produce large quantity of product at low cost.  Today we have leaned that they own 45% of the largest Cannabis Infused company in North America. In production in Canada and in startr up in Colorado. At 4pm today we will learn if it hafd a good quarter.  If it did it is going to pop. Do you really want to be on teh sidelines?? Load up your TFSA grab a MOLLO and wiat for the news! CHEERS!
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