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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 Nov 21, 2012 4:32pm
236 Views
Post# 20629133

RE: We are at............

RE: We are at............

     So Slacker, it seems the shorts have decided to defend $7.50 now.  

     3 MM shares traded today, 10 MM so far this week.  

     Tomorow and Friday will see little support from the U.S. so it may be a down day.  

     Still I think the shorts must be feeling the pressure since they do not like to hold 

     a short position on a stock that may be paying a dividend or garnering a take out bid.  

          

 

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