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Leggett & Platt Inc T.LEG


Primary Symbol: LEG

Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.


NYSE:LEG - Post by User

Comment by nijinsky70on Mar 19, 2012 8:13pm
348 Views
Post# 19692307

RE: marketcall...

RE: marketcall...

Well Eric the Boy Wonder can talk all he wants about LEG.  I want results and I want it tomorrow.  If I don't get to see I want to see I would push the sell button and move on. 

 

I held this stock for several quarters now and I noticed it lacks firm support in the market.  All good news would give it a one or two day boost in SP and then the sliding starts.  Basically it's the same story being repeated after every "good news" reports.  Why's this stock not loved and be able to build on its gains?  I don't know.  However, I won't stick around to find out this time.  

 

If there is any reason that I would keep LEG I would put a stop loss on it from hereon and make sure I get to keep some of the gains.  I can alway buy back when it starts it customary pull back (if I still want to hold it).  

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