Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > The SHORTS
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by zagorskon Jul 27, 2012 11:32pm
227 Views
Post# 20161557

RE: RE: RE: The SHORTS

RE: RE: RE: The SHORTS

      I think it is much to early to be selling LEG.  The shorts for the most part all sold at much higher  

      prices and will have started to cover once it bottomed at $4.80.  Now at $6.75 they will be starting  

      to panic because they had a good run and now most certainly want to lock in some profits.  LEG  

      has moved up a long way on volume that is light compared to the volume on the way down.  This 

      indicates to me that they will have trouble covering and will add to the increasing panic by the  

      shorts.     

              The bounce has been too strong for there to be much downside from here.    

           

 

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities