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 > LEG - Flash in the Pan????

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Post by Upside123on Jun 19, 2014 9:54am

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Post# 22674754

LEG - Flash in the Pan????

Now that market makers have pushed up LEG SP to it's 52 week highs so that management could get rid of some of its shares it appears the trend is no longer our friend.

Spotty volume and small trades are a sign MM's and shorts are pushing the SP down. Same issues we've seen for two years. Until LEG management gets real and initiates a dividend model, the shorts will have their way with the SP at will.

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