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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 DEXT3Ron Aug 10, 2012 3:36pm
191 Views
Post# 20205414

RE: Shorting

RE: Shorting

How is it munipulation?  They are taking a position.... providing liquidity, at the end of the day they have to cover.  A lot of short postions are to drive retail traders out of their positions either by playing with their emotions or margin calls.  Its more or less a waiting game.... can you wait out the short position?

Hence why you don't use margin in high beta plays

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