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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

Post by slacker101on Nov 01, 2013 10:05am
242 Views
Post# 21868113

Back to normal................

Back to normal................the shorts kicking the craaap out of this stock (like I said they would in an earlier post) and they will until the financial report on the 11th.  We'll get a nice pop on a great quarterly report to bring us back to almost where the shorts started their most recent attack and then we'll fall again.  This is a cycle just keep repeating itself.

Prediction - LEG share price around the $6.50 range (or a touch lower) at the time of the quarterly report, a 10% pop over the following 2 days.  The shorts will resume their mastery over this stock starting the third day and drop it substantially again.
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