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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
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Post by Ghostinthedarkon Apr 22, 2022 7:56am
86 Views
Post# 34622999

To all the pump-tards... Target prices

To all the pump-tards... Target pricesset by stock analysts are continually revised after every quarterly earnings report. Do NOT expect HEXO to rise to $5.00--unless the company carries out another reverse split---probably 15 to 1 or higher. 

Consider the folowing:
A 10 to split would mean hex trades at $5.56

And a 20 to 1 reverse split means that the stock would trade at  $11.12

Newbies looking for an entry will think that the share price is fair value...

Hmmmm...Just like the pump-tard who presently post on this board. 

HEXO IS WORTH .14 cents. That is fair value---because we must reverse the split to understand fair value.
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