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 > the price is showing "classic" pump and dump action

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Post by VeritasVernon Dec 01, 2020 11:17am

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Post# 32009420

the price is showing "classic" pump and dump action

Smart money has made a killing the past two days sucking in dreamy investors based on price action. So they make money on the upside, then take short positions and sell off making profit on both selling long positions and their short positions. Clearly no one beside Roth can see that. But hey good job holding the bag - again...Cougar and Quin...

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