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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 > Days like this........
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Comment by Ghostinthedarkon Apr 16, 2021 10:04am
101 Views
Post# 33010254

RE:RE:RE:Days like this........

RE:RE:RE:Days like this........Just sold at $6.89 for a small loss. I have seen this nonsense before from Hexo----the 5 to 1 reverse split. This news is desperation----Stock is essentially trading at $1.34.

the same f-ing price many months ago.

Now they want to issue more shares...To the best of my knowledge, this means stock delusion.

So, if we analyze the share price, using the price before the reverse split, the stock could easily be trading way below $5.0000/ $1.00 in the near future.

what a crappy company!!!

Desperation!

In an attempt to survive!!
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