Answer:
What goes in the water black and comes out red?
What animal has no wings, but yet will fly?
I'm not a pet with long floppy ears I just share their name when a ship disappears. What am I?
To you, rude would I never be, Though I flag my tongue for all to see.
I'm a red creature from the sea with large claws, or pincers, and I'm often boiled and served as an expensive dish at seafood restaurants.
I hold two meanings. With one I may be broken, with the other I hold on. What am I?