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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 > Shorts are desperate
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Comment by Keeleron Jan 26, 2023 11:57am
71 Views
Post# 35247887

RE:RE:RE:RE:Shorts are desperate

RE:RE:RE:RE:Shorts are desperate

Typical PU logic.
If a consumer drinks 12 Mollos a week, he had to go the the 'local cannabis store' twice a week.
Now he only has to go once.

Your suggestion that he will consume more - because he can buy more is ..... not well thought out.

 

78SR78 - (1/26/2023 11:29:40 AM)
RE:RE:RE:Shorts are desperate 
you're right, having said that it's still better to sell more than less under the exact same circumstances.
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