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.

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BLACKROCK Municipal Income TRUST > Why buy at 0.72¢ when we can buy at 0.58¢ soon on short sale

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Comment by Ben.sotechnicalon Apr 12, 2022 9:53am

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Post# 34596541

RE:Why buy at 0.72¢ when we can buy at 0.58¢ soon on short sale

yep agreed day traders and shorts will take their profits nearing end of week.

this type of trading and with positive news coming down the pipe...

expect volatility.....with new Highs each profit taking rally....

and yes sp will be over a US$1.00 before summer.....

tax loss buy back time...

merger?,,,, then onward and upward with a solid company put together paying divs

as always time will tell

it pays to play with DD

Ben.sotechnical : )

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