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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 > 3000 Shares of Legacy
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Comment by zagorskon Aug 02, 2012 11:47am
177 Views
Post# 20177268

RE: RE: RE: RE: RE: 3000 Shares of Legacy

RE: RE: RE: RE: RE: 3000 Shares of Legacy

          We have just suffered a 10% setback from a recent rally high. It may fall some more.  

         Given the volatility of the market it is quite likely that sometime over the next 2 months

         we will also have a rally. I would tend to wait for a two or three day rally and sell on the

         rally.  Q2 release is Aug. 8th so this is a likely period for a rally given good results. Poor

        results will cause a substantial decline.  I tend to think they will show good drilling

        results and that we should see a temporary rally.    

                     

 

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