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 > will run out of buyers without news

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Comment by BeatTheOddsSquaon Jun 04, 2021 12:30pm

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Post# 33330318

RE:will run out of buyers without news

Is it buyers that are the problem or is it sellers?

There appears to be a buyer(s) accumulating and the quick drop to $1.38 has shaken some shares free for them. As i mentioned in an early post, I expected that drop to have happened yesterday and to test the low $1.30's.

I would have thought that the run to $1.44 would have seen more shareholders heading for the exits, but that didn't happen either. We are not seeing 3-5 million share trading days as I would have expected.

What is the price point that will shake the shares free. Next big wall at $1.50. Makes me wonder what is going on behind the scenes. Always entertaining watching Crew.

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