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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

Comment by quinlashon Nov 01, 2020 7:47pm
75 Views
Post# 31820880

RE:Thanks Q

RE:Thanks QYou're very welcome Hub, 

I was hoping to see more on the QTR report from the sale of drinks than what we did however they did report making more per gram over last QTR, that's impressive.  They also changed the narrative from talking about becoming EBITDA positive to earnings per share, that goes beyond becoming EBITDA positive to actually being cash low positive.  I am not aware of a cash flow positive Cannabis producer out there so that's huge.  

the whole goal with investing is to buy low and sell high, outside of that you can try and manage your average by adding below your current average then consider pulling just the cash the next time your new average hits, that places you back at the same dollar investment with a new lower running average.  From there the strategies for trading can get much more complicated but that's a pretty decent starting point.  Beyond that you need to keep an eye on company performance by reading the actual company reports, numbers etc and drawing your own conclusions to determine how YOU think they are doing.


Q




hubcap888888888 wrote: That's pretty much my understanding as well. Wasn't sure if I missed something. My presumption i suppose is this will not kelp like we assumed and the spin off of supply will not likely result in a lot of dollars now as anticipated. That I believe is the worst part of their year end shovel of disappointment. Forecasts of earning positive, I just don't get then. Any news of beverages is a big whoopty foo.


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