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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

BLACKROCK Municipal Income TRUST > What is a Short-Squeeze
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Comment by quinlashon Mar 30, 2022 7:59pm
96 Views
Post# 34561069

RE:RE:What is a Short-Squeeze

RE:RE:What is a Short-Squeeze
TheNewOldtimer wrote: I like your optimism Q


The bashers / nay-sayers are either short on the stock or day-trading but regardless their goal is to get shares cheaper.  If you keep reading their BS you will sucked into their doom and gloom outlook and end up taking a loss.  The best defence is Doing Your Own Research and trading a plan than includes taking at least some amount of profits when the opportunity presents itself.

IMHO news progressing US Cannabis Legalization will move the SP in a positive manner.  Why?  Because we seen it in 2019 and we seen it in early 2021 when the Dems won and we ended up seeing the 2021 highs early in 2021.  The whole cannabis sector pulled back since but HEXO Corp did not pull back anymore than the rest however it did confirm it's low and started it's upward trend earlier than the other top revenue generators.
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