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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 zagorskon Sep 26, 2012 5:43pm
191 Views
Post# 20417820

RE: It appears............. SLACKER

RE: It appears............. SLACKER

           I do not think LEG will go sub $6.00.   Trading on all exchanges was 2,200,000 shares.  

          I do not thunk the shorts can continue to be this busy and there appears to be lots of buyers.  

          A mid $80.00 price for oil is not a bad thing so future price down days should be slight  

          and brief as the buyers come in. I suggest a close no lower than $6.25.   

                

 

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