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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 Dec 02, 2020 1:43pm
222 Views
Post# 32019021

RE:RE:Who got suckered in paying 1.70$?

RE:RE:Who got suckered in paying 1.70$?When I look up the shareprice movements etc everything says bullish signals, that trend has been set in for a week or two now.  it doesn't stop a shareprice from going up and down during the day but the overall direction is upward.  Anyone trading needs to be aware that whatever the price they pay it may pull back in the very short term before resuming the upward movements.  How long the upward trend stays in is up to the market... that's the joys of trading

BTW... my broker is not the same as Franks', nor Rothchildish ... mine works from a large off-downtown.. he's not a voice in my head ... ROFL

Q


Touran77 wrote:

 

Rothchildish wrote: I shorted some more at an average of 1.60 for the day. You know its going down when it pop 15% on non material news. 

 

 

 

Hey Rothy,

looking for your professional advice.
Will you cover soon, which means I should keep my shares or do you still think this is goong down to 0.50$?
Thanks, in Roth we trust.



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