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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 quinlashon May 19, 2021 3:09pm
62 Views
Post# 33231393

RE:1 Year +/- US Will Legalize

RE:1 Year +/- US Will LegalizeLongs can stick out prices below their averages much easier than a short-seller can hold out their's when the shareprice is over their short-position.

... we likely have short-sellers from 2020 who took up short positions at $6.80 or lower who really want the SP below that level so they can cover out....

Want to drive them nuts... load buys at $6.81 and leave them open for a couple of weeks.  If the order fills, you get cheapy shares, if that buy brings your average down a great deal and it cuts down how long you have to wait to rebalance with a partial sell or do a clean exit on a break even then even better, depends on your outlook and how long we have to wait for the price to correct upwards again.

GLTA / DYODD

Q


quinlash wrote: ... and HEXO will be considered a US Player with it's facility in Colorado, it will have had time to get it's drinks across more US States and will have rolled out a number of new products, not to mention promote and gain additional sales number from the products being added to the HEXO line-up from Zenabis and 48 North.

Remind me again why I wouldn't wait for better prices than those in 2020 and 2021 before I do a partial sell to rebalance my total cash commitment to the stock?

*yawn*....   time is on my side, and on the side of all HEXO longs that have patience.

GLTA

Q


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