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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 rabnudon Dec 06, 2021 2:07pm
76 Views
Post# 34203061

RE:RE:RE:RE:RE:RE:REDECAN

RE:RE:RE:RE:RE:RE:REDECAN I seriously doubt that redecan would have ever made a deal with hexo knowing they could lose 100 million short term never mind the almost 500 million. Iam about 100% sure Redecan is in the bathroom puking every time the name ssl is mentioned
quinlash wrote: Redecan is reported as having approached HEXO, that's what we have to work from on that front.

The Montours that owned Redecan built a business, they didn't build that business without the thought that the business would not strive to be successful nor fail to produce returns in the years to come.  IMHO they likely see the business and the Cannabis sector as being one that allows them to make a legacy level investment and that the investment would long outlive them and provide returns for the family in generations to come as the sector grows, develops and expands not only in Canada and the US but globally.

Not everyone looks at investments as being something to do for weeks and months but for years.  

Get your head around a longer term investment and you have a much better chance of making money vs making short term trades based on emotions.

JMHO

Q

Remaining LONG on HEXO


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