Crane Co T.CR

Primary Symbol: CR Alternate Symbol(s): CXT

Technology Scientific & Technical Instruments

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.

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Crane Co > LSERM

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Comment by gonatgasgoon Sep 06, 2021 1:43pm

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Post# 33816787

RE:LSERM

Thanks for sharing Oldnagger.

If Crew could just close above $2 and then we will see how various brokerage firms deal with it. I think many banks will wait until $3 or $4 before making it marginable.

Oldnagger wrote: Interesting thing I discovered today. As of August 25 CR has been added to The IIROC list of securities eligible for reduced margin (LSERM) This means that if the share price is over $2.00 and your broker is willing, then Crew can be purchased using only 30 % margin. I.e 30 % of the purchase cost with the balance by margin loan.
We are in the big leagues now
The list can be found here
https://www.iiroc.ca/media/14981/download

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