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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 pulverizeron Jul 12, 2012 9:36pm
230 Views
Post# 20109218

RE: RE: RE: RE: Market is not garbage....

RE: RE: RE: RE: Market is not garbage....

There's nothing wrong with the company per say, nor management. My beef is with analysts and their garbage recommondations along with their pump and dumps. My beef is with the market mechanics itself. Not the firm. I lost a fair chunk, absolutely. Over extended myself? Not at all. I have cash, a job, my wedding's paid for, I'd just have more had I never given the market any consideration. Will I put new money into the market? Not a freakin chance. All new money stays in 1% savings accounts and nothing else. And now I'm stuck holding two pairs when the market has a royal flush. It is trash. It's trash that 12-18 month targets are nowhere near reality. It's trash that stocks come crashing down 40, 50, 60% and these targets almost never change. It's trash that a guy will say on BNN buy it, then he'll laugh to his buddy's "that stock is a dog". The reality is these fat cats need our cash to keep themselves fat otherwise they're just sloshing around the same money from the same group of hedge funds. I'm just fed up. 4 years of investing and I coulda made more at the poker table instead. It's not investing. It's glorified gambling.

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