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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 > Who was the idiot
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Comment by quinlashon Nov 29, 2021 11:34am
69 Views
Post# 34175942

RE:RE:RE:Who was the idiot

RE:RE:RE:Who was the idiotVolume was under average, for HEXO and the Cannabis stocks (not just HEXO) were down.  If you didn't notice it was also the worse day since 2020 for the DOW with a drop of nearly 1100 points.  That drop was contributed to the new strain of the C-19 virus and Yahoo Finance is now reporting that the markets are shrugging off those concerns with the DOW coming back up.

Anything can drive down a shareprice, concerns on a stock, concerns on a sector or concerns in the overall markets in general.  What will drive this shareprice back up is news from the company on new positive developments, new developments in the legalization of Cannabis in the United States as well as international news such as Germany and / or Mexico Legalizing.

Market Sets the Price, deal with it.

Q

- Long on HEXO
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