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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 ridingrocketson Nov 08, 2021 9:03am
79 Views
Post# 34099008

RE:RE:RE:RE:Looks like people took a break this weekend. Good to see!

RE:RE:RE:RE:Looks like people took a break this weekend. Good to see!
quinlash wrote:
Touran77 wrote:
Rotaluceps wrote:
Touran77 wrote:

Except for Moron Yetset :p, don't worry he's changing side every 48h :p.
 



Doggy/Keeler gone might indicate bottom.
Insider buying 150k shares might indicate bottom.

GLTA!

Tonto

This is what I call a moron statement. Because of someone not posting, it could indicate a bottom. ? You live in your own fantasy world to post something like this, the same as quinlash and his other account quebecforever. 


 


 

 

Zena got attacked by a hedge fund.
Doggy/Keeler was posting bad stuffs 24/7 on the Zena board.
Once Hexo acquired Zena, Doggy/Keeler started posting bad stuffs 24/7 on the Hexo board.
Now we are at all time low and he just disappeared?

We'll never know if Hexo was under attack from a hedge fund, but sure looks like it :).

Oh Rota, do you still have your short on Hexo? Asking for a friend.

Tonto


 




T is absolutely correct.  It would be hard to say with 100% certainity without tracking the trades on record however if you were watching the actual trades go through for an extended period of time you would have noticed that for every large buy (say 1000 or more shares) there would be a follow up sell of anywhere from 1 to 100 shares to drop the price again.

I first noticed it by watching the volume numbers and shareprice over the course of a few days and then weeks.  Then starting watching the broker numbers through TMX to see who was doing what.

IMO the price has been surpressed and pushed down by big money that have both the shares and cash to keep HEXO down.

I keep remaing folks to find their own preferred way to calculate fair market value as the numbers I have here show that we have not seen a fair market value on HEXO in 2 years.

JMHO / DYODD

Q














    Just to add a bit to that one if I may:

     Who else has taken the time to look at trades by volume? Have you ever wondered why there would be trading with peanuts? For example SUGR has some trades that are $40 worth of stock at a time - this is not a retail investor selling. $40???? If you lost $40 already you would just leave it. $40??? These trades are computer driven on algorithyms. But if someone was buying a larger amount you would think the PC would see people buying so why would the PC decide it was a good time to sell if real people (not a PC) are buying? Wouldn't the PC want to maybe buy a few more to help increase the price prior to selling its stock?

Answer: The Algorithym designed want to see the price drop while protecting its ammo (sell only what needs to be sold to achieve desired result). Manipulation.....
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