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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 Oct 08, 2021 11:57am
105 Views
Post# 33988950

RE:RETAIL SHORT WARNING

RE:RETAIL SHORT WARNINGCurrent days to cover is close to 5.

Within 5 days... we have a Friday (today), we have a Monday and a Wednesday.

the clock has ran out.

Q



quinlash wrote: The level of bashing we are seeing on the forum over such a long period of downward movement is an indication that we have a much larger short seller on the stock as opposed to regular shorting activity.  This activity is referred to as a Short and Distort attack and can end with 1000's of percentage points gains in the Shareprice. 

Current Short Position is 24.5 Million Shares, these all need to be bought back.  There is no where near 24.5 Million shares for sale at any price on HEXO Corp pointing towards a massive increase in SharePrice if a large cover order is executed.

These Traders holding much larger short positions have FARRRRRR more access to cash than ANY retail investor, 100's of Millions if not Billions, these institutions can absort massive losses if the shareprice should suddenly rise on news of the Fortune 200 company being released.

If you are retail and you are holding profits in a margin account I will advise you not to get greedy over a few pennies and to buy back your short position prior to the close of trading TODAY.  It is Friday and Friday's, Monday's and Wednesdays seem to be the norm for HEXO News Releases.  If the news is released the larger short positions will cover and use the margin calls of Retail Short-sellers for their own benefit.

This is my current view, DYODD, your cover will not be including any of my own shares, nor the shares of my Friends and Family group... our shares are NOT FOR SALE, even at or above the 52 week high.

GLTA Retail - Short and Long

Q

- Long on HEXO

PS.  Please share this warning across all Social Media Platforms.





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