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. 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’s investment policies provide that the Fund 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 (except that the interest may be includable in taxable income for purposes of the federal alternative minimum tax). Its investment adviser is BlackRock Advisors, LLC.

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BLACKROCK Municipal Income TRUST

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Post by smallcaptdron May 20, 2022 1:55pm

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Post# 34698966

Falling knife

Never try to catch a falling knife because you will be cut! and this stock has become so unpredictable for the average buyer that once the SP starts to fall people panic and sell to protect their money. This stock could of had a great bottom bounce back towards $0.50 but with a computer controlling the buy & selling of this stock its near impossible for a average trader to hold a position. Plus theres been so many shares bought around todays SP of $0.35 that it would take one heck of a push up to chew thru the ask side. JMHO
(always DD)
Have a great long weekend!

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