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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

Comment by VeritasVernon Apr 19, 2021 12:53pm
65 Views
Post# 33022439

RE:RE:RE:RE:RE:RE:Curious to know.....

RE:RE:RE:RE:RE:RE:Curious to know.....No Arny, how long have you been in LP space???? I am refering to when Hexo was (converted price) at $42, not a single person was selling but guess what - they were talking buying on this board! That is what I am talking about.
Now we sit at $7 looking for the same runup but this time it will be based on financials and Hexo will never ever reach $42 again. Also if you are one of those warrant holders, the strike is $63.17, good luck with that. On to another point, did you recently sell at $14? I guess not, not much of a forecaster yourself, and the current price indicates where the market thinks it should be. 

ArnoldLayne wrote: You failed to answer my simple question... Instead you replied nonsense like ' missed Golden opportunity' ,''would be rich by now '' .... Golden opportunity at 14$ ? Sad....
VeritasVern wrote: Sure Arny, and Q and people like yourself were saying buy at the height of it all instead of selling every single stock you had and you would be rich by now. Sorry you missed the golden opportunity on that one.. If you had done that your portfolio wouldn't be as dismal as it is and reduce your stress level. Actally Quin was saying buy all the way from $42 down to $2. Clearly you must have listened to him as have all the other investors badly in the red at this point waiting for the "Hail Mary" pass - again. 

ArnoldLayne wrote: I'll gladly buy more cheap share then... And for the charts, what were you saying last year when we bottomed at 2$ ? Carefull dont buy ? Stock rocket 600% since.
VeritasVern wrote: Take a look at the 3 yr chart, not so good. Be careful this could continue to fall from current level levels.
ArnoldLayne wrote: Its moving... Be patient. Look at 1 year charts. Traders and shorters feeds on the impatient. Good times ahead!! Glta
Soccerguy wrote:

What will it take for this to move? Seems like business is good, drinks moving nice, just came out w a new line of bevis for summer, finally ebitda positive and so on.  


Any thoughts?


 

 

 

 




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