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 > @ $2.30 We break up over the 50 Day Average

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Comment by quinlashon Nov 11, 2021 11:44am

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Post# 34115179

RE:RE:@ $2.30 We break up over the 50 Day Average

Timetogo wrote:
Can not wait to see Hexo moving in the right way...

My question is... if it can go down so fast just with Q4 ( & before!!!) and can now go little up like this after no news exept the 3 sites closure...etc

How fast it will go up if :

-If the new CEO have a plan...
-If we have good Q1
-If we have good Q2
-If we have a CPG partner
-If Truss become very big with now 17 states
-If real good sales in Europe & Israel...
-If USA legalisation
-If surprise...

Let's see what is coming but i prefer to hold this stock... better chance to go up than to go down!!!

There is news out, the MJ Legalization in the US is on Biden's desk for potential sign-off. You can Google that topic to find the articles etc. last I seen legalization is bundled in with the Defense Bill and / or the Infrastructure Bill. Legalization of Cannabis makes sense for the US considering they need fast job creation, they need new tax dollars going into the gov coffers and they also benefit from heading off the potential (and likely) money laundrying with some of these US Cannabis Companies.

The sector is trending up, it's not just HEXO, what is moving the sector is lifting all of the Cannabis Stocks.

Q