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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 JEEDon Jul 27, 2012 9:55pm
207 Views
Post# 20161430

RE: RE: RE: RE: RE: i would hate

RE: RE: RE: RE: RE: i would hate

It can be a tough game to play, I picked LEG up at 4.90 a share on the12th and then was stopped out at  5.92  last Friday. Definitely had my stop loss set too close. All I can do for now is sit back and watch the party.   If Q2 earnings come in really bad I will have my chance to get back in, but you would think that a bad earnings would already be baked into the price to some degree. However if earnings suprise to the upside along with any other good news look out above,it will be up up and away when the shorts  start to frantically cover. Either way this is getting really interesting. GLTA especially you longs. I don't think you will be disappointed in the long run if you can hold on.

 

 

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