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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 Roberto8024on Dec 11, 2014 3:39pm
300 Views
Post# 23220825

Forced Liquidation

Forced Liquidation4th hand information has it from some folks on a Leg Well before the year end shut down is they will have to sell assets at brutally low prices to keep the lights on if she stays below $60 for 12-16months. It's not fear mongering, it's reality. Good balance sheet companies are being sold off as well but the higher risk names are being obliterated because nobody wants to see who can survive. Might as whats left of your money in a pillow case and see how things shake out early next year. There will be opportunity just a matter of time.
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