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 > Better Future

<< Previous

Bullboard Posts

Next >>

Comment by Spectra7on Aug 18, 2022 2:54pm

89 Views

Post# 34905457

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Better Future

quinlash wrote:
Touran77 wrote:

Keeler wrote: queerlash - why would I invest $1,000. When the majority of insiders/senior management have invested NOTHING?
Thats the question you need to ask.

Oh thank great queerlash for being tolerant of me - it is what I need to boost my self confidence, approval from a filthy lying pumptard.

Market sets the price - based on facts and reality, the market has determined that Hexos share price is in the mid .20 cent range, about .06 or .07 cents pre r/s
Cone to terms with that, lady

If you want a real answer Quin, try that:

If we were giving you a 1000$ to invest in Hexo or short Hexo right now, what would you do?

Careful, He might put you on ignore as this is whay he does when someone has too many hard questions for him to answer :p.

Touran

I'm in this for US Legalization with trust in HEXO Corp doing well based on my view of the products themselves and their strong partnerships with others such as Tilray and Molson. I go Long Positions only and actively managing a Dollar Cost Average approach across all my trading accounts.

$1000 is not a big trade for me but so for those who see it as such I would suggest breaking it up into multiple trades, 1st would be no more than 50% with the remaining 50% held in reserve in the event that additional shares could be added cheaper later. If the SP makes any major upward correction the additional monies could be added at the higher price with the original shares affectively resulting in a lower average cost per share than if they were all purchased at the higher price.

The safest option would be to simply sell 1/2 the shares on a double and bring the cost per share down to zero on those shares remaining and hense taking all stress and worry away for the shares that remain.

As noted, I am a LONG-TERM investor, using 1 year+ as a minimum on any trade while going in with a planned max of 3 to 5 years. I do believe we will see progress on US Legalization no later than this Nov due to US Mid-terms however that is speculation on my part.

Best Regards + GLTA

Q