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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 Keeleron Sep 13, 2021 8:16pm
133 Views
Post# 33853203

RE:RE:******** Insiders are still buying a lot of stocks ********

RE:RE:******** Insiders are still buying a lot of stocks ********Insiders are not TAKING options at $5.35 - they are been GRANTED
options at $5.38.
It's a gift - if the price goes above $5.38 , they excercise the option
at $5.38 and sell it for the current share price.
If the share price doesnt go above $5.38 - they Insider just doesnt 
excercise the option - and it costs him nothing.

SSL had Options at .16 and .75 cents that he sold for $19.50.
Not bad for a guy who takes some of his annual compensation in
free shares.

I'm sure you agree that SSL is worth it - good for him, right? But
how come retail investors buy at $5.38 and their shares are sitting
at $2.77?
Seems unfiar - given that it's shareholders money he's cashing in,
while SSL holds only 4,875 Common Shares himself.
That's right, millionaire biy has less than $15,000 of his own money 
in Direct Ownership of Hexo

As for Insiders not being able to buy with the annoucnement of the
suppsoed F200 deal (if there is one) - that's bullsh*t and impossible to
know without knowing the agreements timeline and effective.
REGARDLESS - that doesnt explain why no Board memebr ahs purchased
any Direc t Ownership Common Shares in the past TWO years.

Lying phkn pumpatrd queerlash



quinlash
 - (9/13/2021 10:50:17 AM)
RE:******** Insiders are still buying a lot of stocks ********
Insiders are taking options at $5.35 however they are likely restricted from buying shares on the open market at this time as the CEO noted in an interview that they have a signed deal with a Fortune 200 company.  Insiders at this time cannot buy as that would be viewed as Insider Trading. 

 
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