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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 slacker101on Mar 07, 2014 12:11pm
211 Views
Post# 22294936

RE:RE:Today is a perfect example............

RE:RE:Today is a perfect example............zagorsk, I am an extremely patient investor/trader.  I can wait for direction.  If I miss the trade, so be it, there are others out there. Anyway, why buy now when the the price will drop (my assumption) going into financials.  If anything, I would buy a day or two before finacials and sell the day of or morning after.  That's the trade. I still have to decide if I want to invest.

For example, I was all over SGY when it unbelievably and stupidly dropped.  I tried to catch it in the $5.50's but it traded so fast that my price ended up being in the upper $5.60's.  Are you kidding me - safe and secure dividend, great balance sheet, impeccable management - that's what I am talking about.  There eill be some girations when they do the LNV deal, but with that dividend, I can sleep well.
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