Leggett & Platt Inc T.LEG

Primary Symbol: LEG

Consumer Cyclical

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

Leggett & Platt Inc

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Post by slacker101on Aug 13, 2012 10:35am

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Post# 20210735

It really is unfortunate....

what is happening to this stock. On Friday, after a decent quarter end report, Connacord went to work to drive the stock price down. It had minor help fron FirstEnergy Capital.

Today it's FirstEnergy's turn. As soon as this shows signs of life, they go to work driving this down a penny at a time with only 100 share lots.

Unfortunately, I think this great company has to be sold to realize the value obviously locked up by the shorts.

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