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 > New booktitle

<< Previous

Bullboard Posts

Next >>

Comment by quinlashon Nov 01, 2020 8:45pm

101 Views

Post# 31821006

RE:RE:New booktitle

80% lol... hey just imagine what a shortseller could lose hey when a shareprice goes up.

Hey Rotten, what is the max a shareprice can go up to ?

Is it $1.... ?

Is it $1.50... ?

Is it $2.00 ... ?

Is it $5.00 .. ?

Is it $20.00. ?

The guy who shorted in this article certainly didn't see it coming and with the short position being reduced in the last short-report it appears that many short sellers are already covering and not risking the shareprice going up.

Short-Selling -> When it goes wrong.
https://www.marketwatch.com/story/help-my-short-position-got-crushed-and-now-i-owe-e-trade-10644556-2015-11-19

Rothchildish wrote: Great lesson you're getting here. At what point is it enough? -80%? Just curious. Allowing a position to shred 20% is idiotic.

hubcap888888888 wrote: How to loose a billion dollar company in 50 dates. I'm averaged at 1.01 11250 cad shares. I know it's not bad compared to many.