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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 quinlashon Jan 05, 2022 9:12am
101 Views
Post# 34284507

RE:Nothing special for HEXO still heading towards 0.87 ¢ today

RE:Nothing special for HEXO still heading towards 0.87 ¢ todaySo I guess you are trying to buy shares at .88 or higher or cover your short position at .88 or lower.

You seriously think there are enough folks left holding at this point that you can panic into selling shares into your trade at these prices ?   The ones who were going to get emotional and leave are likely all gone.  The trades remaining are going to come from folks starting new positions or adding cheap shares to the ones they bought at higher prices to bring their overall average down.

JMHO but that's my view on it.

Q



Omicron2022 wrote: Aggressive Day Traders like CIBC and Anonymous will continue to short green 0.87 ¢ or 0.85 ¢ and if not good news maybe around 0.80 ¢ this week...


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