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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 zagorskon Sep 13, 2013 4:34pm
465 Views
Post# 21739480

# SHARES SHORTED

# SHARES SHORTED            Upside, I thought Trent's reference was to LONG/SHORT positions taken by some hedge funds. ETFs can not short a stock.       
                  
            With 3.1M total no. of shares traded today, the action was fast and furious at the last hour. What I was happy to see was the number of different houses taking part on the BUY side while just one house would do the SELL side and then rotate to a different house to sell some more. It looks to me like short positions increased today but this did not discourage the many different buyers.  
              
           Give the shorts some credit for persistence but I think they will be coming to Jesus soon.  
               

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