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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

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Post by Oldnaggeron Feb 26, 2023 12:15am
450 Views
Post# 35305560

Don't fear the REPO

Don't fear the REPOOne thing about being a long term investor, is that with a properly constructed portfolio you need not live in fear. Oil and Gas prices and their attendant share prices go up and down, but for the most part companies llike Crew are continually amassing assets either as reserves and infrastructure or decreasing liabilities.
Traders however can find themselves in either  a world of ecstasy or a world of pain in a very short time span.
The major cause of pain is a short squeeze ( Which has nothing to do with any expression of affection )

Take a look at the attached graph which shows Short speculative positions rising into Jan 31 (and probably much higher after that )
So next time you see a Maserati on the back of a tow truck , you will know why !!


Fp2A62HWAAAXrwT (360×226) (twimg.com)
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