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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 Oct 06, 2021 11:05pm
133 Views
Post# 33978398

RE:RE:Institutional Ownership... up again

RE:RE:Institutional Ownership... up again quinlash - (10/6/2021 10:58:42 PM)
RE:Institutional Ownership... up again
If there was a real concern on the future of HEXO Corp as a company etc you would expect to see at least one institutional owner of shares in the Short Only position, as we can see on all the other major players within the sector.  


Hexo has no shorters because they're shorted out.
Is there more profit potential in shorting a $12 stock that can fall $4.00 or a $2.00 stock that might have $1.00 left.
The concern with Hexo is the year 2023 - start reading dumba** - institutional ownership will change hundreds of times by then - it has nothing to do with 'confidence' in the future of Hexo, they know it's a pos bankrupt company, but they have a year + to play with it.




 
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