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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

Post by Naiveinvestoron Dec 29, 2021 5:44am
203 Views
Post# 34266729

Hexo Posters

Hexo Posters

After watching this board for well over 6 months, I've decided to make a post. I'm just wondering how it feels for the people who pumped this stock since the end of June? Yep, we should all do our own DD but I sincerely wonder how some people sleep at night knowing that their posts might sway people into selling other stocks so they could "average down" this one? "This thing's going to $25 within six months!"..... "Don't sell your shares, you only lose when you sell!".... "Long and strong!!"..."This has clearly bottomed out, time to load up!" etc. etc.

There are real people with real money on the line, so how does it feel knowing that some people might have lost big money based on posts you made with such confidence; even ridiculing anyone who questions your posts? Yes, it's the internet and you shouldn't believe everything you read. However, there are some who might believe you and follow your advice- to their own detriment. I know that I wouldn't be posting financial advice unless I had extremely strong reasons to believe that what I'm posting is solid advice based on facts and figures; not hopes and dreams.

Rant over.

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