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 > Another Fkg RED DAY

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Comment by ArnoldLayneon Apr 07, 2021 12:57pm

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Post# 32949991

RE:RE:RE:RE:RE:RE:Another Fkg RED DAY

After 2 years of wild spec accross the board ( buy the rumor) , legalisation day was a "sell the news" event. Now is a way better time to buy. Glta

VeritasVern wrote:
jerrytuts wrote: i think truthseeker1 thought he was going to buy shares the day after legalization years back and become instantly rich.

this is the process when you invest in a company before it takes off....or wait until it does and pay a higher price for it later.

doesnt seem you have patience, maybe a casino is better suited for you. A quick roll of the dice and your faith is decided within seconds. Black or Red?

wtv you choose, good luck!

Jerrynuts, complete inaccuracies on your part. Hexo was trading at around $31 (adjusted for reverse split) at the time of legalization in Oct 2018, The stock is now $7.76 which would equate to a 75% decline in value. I think a lot of investors thought that MJ would be profitable and are now that much in the red. That was 2.5 years ago, MJ sector is still unprofitable, sorry what was your point of having patience?