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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 ArnoldLayneon Jan 26, 2021 8:46am
87 Views
Post# 32385562

Happy buyers

Happy buyers Who bought yesterday ? The rebound is already on. Is this now heading to 12$ ? Look at the chart ! Short seller gives us the opportunity to buy lower. But they have to cover, so they need lots of shares on the ask. They want you to sell at the bottom so they can cover. All this was in fact an opportunity to add on the cheap knowing its heading for the rebound and beyond. Shorter will help us long today cause they'll cover. From 9ish to 7ish a decent profit for them, IF they got every share covered. See you at the next leg up shorters :) Glta Hexo longs
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