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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 > Valiant effort.............
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Comment by slacker101on Sep 27, 2012 2:44pm
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Post# 20421584

RE: RE: RE: RE: Valiant effort.............

RE: RE: RE: RE: Valiant effort.............

This reminds me a little bit of the takeout of Quadra FNX (which I held).  The stock was driven down and had a large short position. All of a sudden there was an offer. Sqeeeeeeeeeeeze. The takeout price was $15.00. I sold my position at just over $16.00.  Patience is the key here.  The longs will have our day and it will be sooner than you think.

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