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.

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BLACKROCK Municipal Income TRUST > YUP - PRETTY UGLY

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Comment by quinlashon Aug 26, 2021 3:41pm

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Post# 33770912

RE:YUP - PRETTY UGLY

There is money to be made on any stock that swings around in price. Long or Short trades are there for the taking, scoring 10% gains (on either or both) 10 times... is a double.

GL with it.

Q

goldman777 wrote: I`m still up a few pennies from buying last Friday, almost sold near $3.30 and now in hind sight I suppose I should have...but hind sight is always crystal clear isn`t it ?

Do we get the bounce back tomorrow or was the last couple of days the proverbial "dead cat bounce"

I still like the plan here and the future looks promising but like many have said here - the market doesn`t care and perhaps most share holders ( especially the joe retail guys ) are wary of being blind sided by a calculating management team that may not have their best interests in mind.

I`m not under water yet so I will hold a tad longer, I think we bounce back but will not hesitate to cut my loss and go elsewhere.