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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 graduallygetthron Oct 10, 2014 4:14pm
182 Views
Post# 23020106

RE:RE:RE:Slacker

RE:RE:RE:SlackerIf that's true, he's one of the smarter people in this room. I briefly thought about it, but Cdn O&G had appeared to have lagged the market for so long that I was certain the price dynamics of oil were stable going forward. 

Going forward, I will place stops and always take money off the table once I hit my price target. Capital growth and preservation is far more important than an extra 5-10%. 

All that being said, I still think this company is garbage and I'd rather add to CPG than buy this, but, I do own some (hoping I regain half of my loss) but I sold the rest at $5.15. 

I'm not sure what people think earnings will bring if oil drops another 5-10% other than a continued slump. 

Oh, I bought SU the same time I bought this, I'm still up on SU.
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