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.

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BLACKROCK Municipal Income TRUST > Daily games

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Comment by Keeleron Mar 07, 2023 11:56am

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Post# 35323835

RE:Daily games

Low volume means no-one is buying - because why WOULD you buy prior to another set of disastrous financials and subsequent share price drop.

Faulty technical analysis led some to believe that .15 cents was the bottom last December - and they loaded up, of course, financials were released the next day dropping the price to under .10 cents, and resulting in significant loss by the technical analysis.
Good to take real life events into account - and not just stare at teh charts, bars, graphs and candelsticks on your computer screen when investing.

Guess where Hexo sits today, $ 2.14 or .152 cents.
Yeah, no-one is buying - well, I don't think so anyway, I haven't looked at any charts.

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