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 > tax loss selling

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Comment by Upside123on Dec 12, 2013 10:03am

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Post# 21998271

RE:tax loss selling

Not so sure about the tax loss selling theory. Several thousand trades being made in 100 buy and sell lots. High frequency trades and shorters are ruling the stock day after day. Until management gets serious and changes their story and approach we are in for more pain.

I bought some at 5.95 and dumped it at 6.09 this morning. It seems this is the only way to make money is trade the stock.

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