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 > hmm...this is fishy.

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Comment by Cheadle12on Jun 03, 2021 6:56pm

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Post# 33326754

RE:RE:RE:RE:RE:hmm...this is fishy.

It's all fun and entertaining..but BTOS it makes even more fun that our stock continues to climb!

These are plausible theories.. Imagine if Kelt / Crew merge now, all stock deal for $1.80 per share and assumption of the debt..

then as the new Kelt doubles in the next 12 months, that puts Crew shares at $3.60 from the $1.80 price. Not bad hey?

BeatTheOddsSqua wrote: So our latest Crew insider scoop / conspiracy theory from TGC is that Crew's share price has been moved up to $1.45 and is being held there in advance of a M&A event involving Crew.

The $1.45 is being used as a reference price that will allow Crew to be valued more fairly in the deal.

The group of insiders who sold recently at $1.01 to $1.14 are simply decoy sellers to throw retail and others off the scent of the transaction.

The recent drop to $0.88 was an attempt to shake shares out of weak hands before the deal is announced.

Did I miss anything?

Oh yes and the fact that Kelt and Crew presented together at the conference was done on purpose so that both companies assets could be presented in order to highlight the synergies and strengths of a combined entity, thus receiving unanimous shareholder approval.

Love it, so fun!