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.

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BLACKROCK Municipal Income TRUST > the shorts are gone, the spring is released

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Post by electriquemanon Feb 10, 2021 1:38pm

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Post# 32526992

the shorts are gone, the spring is released

At some point, we must expect the pendulum to return.

PYROGENESIS should have already been at these summits in July/August 2020 but the shorters started selling PYR shares. It hurts but now there are too many big projects in the pot that NO ONE can keep the lid on PYROGENESIS. The pressure must come out.

We go back to where we should be and 15$ is the minimum to reach even though the next resistance seems to be around 20$ (too far and not enough data to predict it reliably).

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Understanding tax loss season and the “Santa Claus rally”