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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 Nov 12, 2021 8:44am
117 Views
Post# 34118717

RE:Use Limit Orders Please.. Pretty Please :)

RE:Use Limit Orders Please.. Pretty Please :)If you care to bid for shares or post for a sale at some price other than what the current shareprice is then you should be using Limit Orders and allowing those orders to stay active for as long as you like.

If you are buying, go cheap, you can slowly edge the bid price up over time to increase your odds of having the order actually fill.  Same goes for selling, you can go super high (even Hail-Mary High) and then start edging the order lower over time.

The market sets the price, learn it and accept it.

Q


quinlash wrote: Guys,

If you are one of the investors who bought in at the higher prices we seen earlier in the year and wish to exit... PLEASE... PRETTY PLEASE... use a LIMIT ORDER   NOT   A MARKET ORDER.  There are a good number of us Longs on this stock that would appreciate your exit not making it harder on us to see the price recover back to those earlier highs.

Here's a Video to Explain the difference but in Summary...  you will likely get more for your shares if you use a limit order.  You can also set the order to stay active for a long period of time if you want a price much higher than what we may see here today.

Link to Video
https://youtu.be/Jbbter76aro

GLTA

Q


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