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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 > Quin = Silver Fox
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Post by quinlashon Nov 23, 2022 1:12pm
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Post# 35122544

Quin = Silver Fox

Quin = Silver FoxIt comes with age.  Winning on the market comes with experience... and a boat load of patience.

The Cannabis Sector is a no-brainer IMHO. US Legalization WILL HAPPEN.  HEXO Corp is doing well in Canada and is positioned within the US. Currently the SP is beaten down well under comparible stocks within the sector and has a lot of room to move up. 

Once the SP hits low-hanging stops we will see auto-buying kick in with short covers and auto-buying from the automated trading systems.  As we have been trading so low for so long I believe there are are not enough shares available to allow the shorts to cover without substantially increasing the shareprice.

So no... I am not a blonde... but I do appreciate a nice short-squeeze from time to time.

Best Regards

Q

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