Crane Co T.CR

Primary Symbol: CR Alternate Symbol(s): CXT

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.

NYSE:CR - Post by User

Crane Co

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Comment by Snowhouseon Mar 04, 2018 5:58pm

143 Views

Post# 27658888

RE:RE:Baby Bounce Back !!!

I like the analogy you made here. One of the reason for Crew to melt at the current levels is the Analyst downgrade recently. I don’t know why would somebody make the buy/sell decision based on these analysts. These big banks short the stock first and then release the downgrade so that they can make double profits and cover their short position without giving a squeeze. I bet the same banks will come back and issue Strong Buy and Outperform ratings on Crew and NG sector stocks in 4-6 months.
Paper companies (fake growth companies) stocks selling at ridiculous prices and CR at $1.5 Market manipulation as usual.

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