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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 Clowninthedarkon Jan 27, 2022 12:44pm
51 Views
Post# 34367162

RE:RE:2 trading days left ...

RE:RE:2 trading days left ...Chauncey, you may claim you are not Kreskin but you do make a lot of predictions which are mostly WRONG. Now you change your tune from .58 to .61. Hee Haw Hee Haw.



Ghostinthedark wrote: My response: The share price at a given moment of time reflects everyhing known about the stock, including
1. price on the chart
2. Texhnicals, such as moving average ( MA)
3. Financial statements, include balance sheet, income statement, and cash flow statement
4. Investor sentiment---retail investors and "the street"

Given these facts, why should Hexo tank much lower in sp?

It is my view that the potential default of debt is already priced into the so of Hexo.

By no means am I Kreskin---able to predict the future. However, buying shares at .61 cents is a good long-term decision.

I just purchased another 1,000 shares at .62 cents----after dumping all my holdings at $1.20 way back in December.

THE potential DEFAULT is likely already PRICED into the sp of HEXO.






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