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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

BLACKROCK Municipal Income TRUST > Terrible news, Expect a bloodbath tomorrow
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Comment by jerrytutson Nov 18, 2021 5:20am
154 Views
Post# 34139482

RE:Terrible news, Expect a bloodbath tomorrow

RE:Terrible news, Expect a bloodbath tomorrow
Rarbar99 wrote: A new French article was just dropped hours ago exposing Redecans ties with the Hell's Angels. 5 journalists worked on it and it's currently on the front page of Quebec's largest news station. I am certain English news sites will pick up on it tomorrow morning.

The article is very bad news, and it says the RCMP and Federal/Provincial Governments are investigating. Redecan could very well lose their license over this and Hexo can lose their control over the Quebec market. This was the worst possible news you could have gotten other than a chapter 11 bankruptcy. Expect -30% or worse tomorrow. Good luck.


Says they were alerted, not investigating yet. Unless I misunderstood. Let's not get ahead of ourselves yet.... Here is the article: https://www.journaldemontreal.com/2021/11/18/un-proche-des-hells-chez-un-gros-vendeur-de-pot-legal
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