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 > Most of you guys are delusional

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Comment by gonatgasgoon May 09, 2022 9:38am

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Post# 34666420

RE:Most of you guys are delusional

With all due respect, Crew had to hedge when they started drilling in 2020. It would have been too risky if they did not.

Keep in mind, Crew went up $0.75 2 days before the earnings date, and fell by the same amount on Friday. I am not sure the entire drop was the result of the earnings, but maybe you know better.

This company could be debt free in 2 years. They have outperformed the majority of oil and gas since January 2021.

I get you must be frustrated you sold at $1, but that does not mean you are the only one right, and all of us, shareholders, research analysts are wrong. I hope your other investments gave you better returns than Crew did. Are you short Crew now?

mrmomo wrote:
and don't know HOW to read a balance sheet and everything else that comes with it. ANYONE who says those were OK quarterly results either doesn't know F all about accouting & finances or is as ignorant AF trying to pump the stock with ulterior motvies for their own benefit. Choose your poison as to which of those it could be, because no one in their right mind can justify or defend Crew with results like that. The honest truth here is that Crew screwed up with theri hedging & derivative mgmt and that's that. I TOLD you guys those results were god awful, and the market agreed with me by pile driving Crew shares way down. They definitely did not agree with the incompetent fools who though those financials were "good" of which they definitely were not even close.

By the looks of it on this forum, only a few decent intelligent well schooled peeps get it, like Braddacktrail, Robert41 & Downwithdotcom. The rest of you don't know WTH you're talking about and should definitely not be giving any advice to anyone. My assesement of Crew stands even after these awful numbers, anyone wishing to know what i said, just click on my posting history and look at the moist recent comments i made.

There's only one way to play this now, as an asset play for a potential buyout. Don't look for stellar earnings with Crew because you won't find any for quite some time.

GLTA