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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 seskoilmanon Dec 11, 2014 4:42pm
319 Views
Post# 23221252

RE:RE:What is going on?

RE:RE:What is going on?Might want to add #3 to that ... there are also 30million or so shares shorting this stock and they have a motivation drive it lower, (hense all the bashers posting this board..obviously, because if everyone wanted the stock to go up then it would be up) but once they cover thier short position the motivation will be in a different direction. And if  for some reason OPEC(Saudi) lowers there output or something changes in the world to reverse the oil decline, we will see them covering fairly quick.. I for one kind of hope they get caught on the wrong side (as long as I am on the good side ; )  cause that would make my day because there is nothing better than the big guys getting boned and the little guys making the $$. 
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