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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

BLACKROCK Municipal Income TRUST > For what it's worth
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Comment by mydogchachon Mar 30, 2021 8:08am
72 Views
Post# 32904480

RE:RE:RE:RE:For what it's worth

RE:RE:RE:RE:For what it's worthVeritasVern - (3/30/2021 3:23:49 AM)
RE:RE:RE:For what it's worth
Thanks for the simple banana example, but we are talking Hexo here and you have stated that the aquasition of Zenabis was a poor decision and the financials were still showing loses, with still more to come and you still buy this POS?? Right moving average, good luck with those bananas and what you may find is that is they don't sell they will eventually rot (writedowns).


I tried to keep it simple Vern, looks like I'll maybe have to dumb it down a bit for you.
I didn't say 'buy this pos' - I said the share price had dropped to where it might be a buying opportunity. 
I've also said that Hexo is not a bad company - it's just not the $14 stock that pumptards like queenlash say it is, but yeah - Zenabis was a VERY bad ecision.

As for bad bananas - do you really know that many Canadian cannabis companiies have had to write down inventory?
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