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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

Post by Ghostinthedarkon May 13, 2022 2:00pm
79 Views
Post# 34682335

Another low high sp and lower low share price on the weekly

Another low high sp and lower low share price on the weeklyTime frame. LOOOOOOOK at the charts, kids, hacks, bag holders, pump-tards. What does this tell astute traders, shorters, and swingers????? It tells us that expect another lower low and lower high share price next week.

THERE is NO trend Change on the daily, week..... Stock will likely close near the low today---.35  or .34...just .02 cents from the all-time low. 

ONce HeXO engages in the ATM (AT the Market issuing of shares), there will be an additional dilution of stock on the market, which will lower the share price, because demand will be lower than the supply...Down the stock goes.l

Certainly under .30 cents.

Perhaps .20 cents

I am just guessing---likely .20 cents, but why not .10 CN????

The "dumpster fire" continues next week...
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