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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 27, 2012 5:13pm
434 Views
Post# 19724918

RE: RE: Noise in Calgary.

RE: RE: Noise in Calgary.

There maybe something behind the possibility of LEG being taken over after all.  I watched the trading for the last two days - abnormally high volumes (for LEG) and constant sell down.  The constant sell down part is usual for LEG (LOL, it's a dog in the market) but the kind of volumes (over 3.5 million today and over 1 million yesterday).  I recall when QUA was taken over back in November 2011, the trading pattern before the announcement was made public was very similar to what's happening to LEG now. 

 

I'm tired of holding LEG (I assume most of us are) and I was going to give it until the Q1 results of this year (likely in May) to make up my mind.  Hey, a buy out would have taken care of that for everybody!

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