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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 zzyy88on Dec 08, 2014 5:07pm
279 Views
Post# 23207976

Dr. Octopus

Dr. OctopusHey guys, sorry to see everyone sad :( I have jumped in and out of LEG a couple times booking small losses on the way down. I have lost about 30% in a variety of dabbling and I think what turned me off of this stock is that management paid themselves a stock dividend as it was going down. Anyways if oil shoots up.. (who knows I hope/think it will but I've been wrong so far) LEG will see some huge jumps and if you have been averaging down you should be fine.

Anyways I'm looking forward to joining you guys again at around 0.85 if it gets that low. I do apologize but I think if low oil prices persist you could see it get to 0.5 within the month as investors will give up and firesale once again. Just my thoughts goodluck to everyone and hopefully your wives don't leave you. Luckily or unluckily for me I have no women that love me in my life other then big momma and that's because she has no choice.
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