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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 slacker101on Dec 11, 2014 12:07pm
264 Views
Post# 23219566

It appears that as of noon.................

It appears that as of noon.................the powers that are in control of the stock price will not allow this to break past the $2.00 mark. Once it reaches $2.01 or thereabouts, the sell response is pretty swift. If you own, don't sell. If you going to average down or initiate a new position, wait for the third day after the final energy washout. You can tell by the action of other energy stocks that this rebound today is not real. There is no conviction.
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