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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 mrmomoon Aug 16, 2022 2:51pm
197 Views
Post# 34900143

The Dunce awards.......

The Dunce awards.......The results are finally in my friends! The Award being given to a popular company which was not only an investor darling for a short brief period, but who was also extremely overhyped to insane levels and which resulted in extremely ridiculous stock prices. Those were part of the qualifications to becoming a nominee and making the final cut for the list. The other requirements or remaining factors to qualify for the final selection process were the following. These entities had to be involved in certain events which resulted in investors losing massive amounts of money which for all intents & purposes could be labled as some sort of fraud, scam or some other boderline illegal action.

After all this was considered, our organization had selected two possible candidates for the final list & ofcourse the eventual winner. On our final list we two finalists, Hexo & Facedrive. I had indicated in a post a few months ago that those two were considered the worst of the worst in which resulted not only a 95% plunge in their respective stock prices but also an almost complete loss of nearly all investor monies. But we could not declare a winner yet and needed more time to pick one or be crowned as the King of all Scams for 2020-2022, as all work in process events were still playing themselves out.

As luck may have it, we finally have our winner, due to some unforseen circumstances & out of pure co-incidencidental luck or a surprise Cinderella Story if you will. A Rags to Riches & back to Rags and maybe back to Riches again LOL. A true rising of the Phoenix from Ashes for FaceDrive which unfortunately resulted in Hexo taking the prize and therefore being Crown King of Dunces!

Who would have thought that a completely scandal plagued company being managed by a bunch of illiterate call center scammers from South Asian roots and making their home in good old Ontario would pull a literal rabbit out their magical hat and get their stock magically back over a buck. Definitely not me lol. And Beating an alliance of some hardended chain smoking Quebec Bikers & a small bad of Native Americans trying to peddle weed from their teepees. Who would have thought?

So finaly tally Hexo .30 cents and FaceDrive $1 Canadian buck.

Congratulations Hexo & to all their shareholders.....you've earned your Crown. Wear it well!

https://www.youtube.com/watch?v=EvegBo4TUdQ

GLTA


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