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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

Post by quinlashon Apr 29, 2021 2:27pm
58 Views
Post# 33094695

Short or Not to Short...

Short or Not to Short... Personally I am very bullish on HEXO and see the company turning cash flow positive, doing well with their drinks, edibles, health products etc as the products become available and the company begins pulling in sales.  I believe their two partnerships with Molson enables the company to have access to top-tier drink development as well as distribution channels throughout North Amercia and around the world where ever Molson-Coors Products are sold.  Molson partnered with Dwayne Johnson and Coke also make me optimistic that future deals are indeed possible for HEXO.

I am long, I invest with a 3 to 5 year timeline and invest what I can for that timeperiod and add under my average as I can whenever the SP may fall below my current average.  I do not swing trade often (nor with my entire collection of shares), I never short and believe in patience providing the rewards.

With all that said, I have nothing against short-sellers that make the trades using the charts, typcial stock movements etc.  Not a fan of bashers on forums but what can I say... I'm old and have little patience for kids and ill-mannered puppies.

If you care to take out a short-position, I will hold the door open for you myself but be aware larger short-sellers than yourself can buy back their positions at any time and only there are only so many shares posted for sale.

GLTA

Q
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