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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 May 14, 2021 5:13pm
132 Views
Post# 33208354

RE:RE:RE:IF Zena has good earnings on Monday..

RE:RE:RE:IF Zena has good earnings on Monday..
Touran77 wrote:
mydogchach wrote: Danf88 - (5/14/2021 8:40:13 AM)
IF Zena has good earnings on Monday..

Kaboommmmm! Plus they'll officially announce more news with the merger. This rocket may in fact take off to the moon with all the shorts and pressure to close positions by next Friday. Load up boys this could be a BIIIIGGGGG opportunity to hurt the shorts so they learn a lesson about HEXO



Historically, Zena has bad financials.
Thheir trick (which isn't uncommon) is to release the bad news on a Friday - after close - in the hope that investors anger will have calmed down by Monday morning and lessen the sell off.
I know Queen says may 25 - could be, they' filed that late before - but I think it will be tonight so as to get the bad news out of the way and put out some more no news stories enxt week to take counter the news.Now that the vote is passed - there's no reason not to release tha bad financials - it's going to be ugly Hexoo investors.
And honestly - that's what I would do if I was Hexo

 


 

 

Do you guys really need us to answer that idiot? Or you all understood we just ignore the pathetic basher? 


Given MyDog has been a Zena investor for a long time, I think he knows quite a bit about the company and their financials. Besides if they were so shlt-hot why would they bother merging, I would think it will ge ugly. Look out below.

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