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 > Just remember

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Comment by Rarbar99on Nov 30, 2021 11:58am

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Post# 34180518

RE:RE:Just remember

You've been pumping this stock non stop since it was $7 several months ago. How do you still have the nerve to show your face here? ‍

Touran77 wrote:

Rarbar99 wrote:
Just because you're down 80% doesn't mean you need Hexo to go up 80% to get your money back. It means you need Hexo to go up 500% to get your money back..

If you're down 50%, you need a 100% growth to break even.

and so forth.

Take that in.

And if you bought for $5K @8$ and then you bought $50k at $1.50, how much do you need the stock to go up :)? Again, you need a bit of math skills to answer that one so I am sure you will conveniently not see that post :p.

Basically the strategy Morgan stanley decided to use :p.

GL buddy if you are expecting a lot more downside.

Touran