Leggett & Platt Inc T.LEG

Primary Symbol: LEG

Consumer Cyclical Home Furnishings & Fixtures

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.

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Leggett & Platt Inc > Short Interest is ~20% of the floa

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Comment by Finantialon May 30, 2013 8:23am

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Post# 21459863

RE: RE: RE: RE: Short Interest is ~20% of the floa

I'm a value investor, i do not short and do not have margin accounts. If short sellers want to continue selling shares, I'm willing to buy them. I've been pilling up like a chipmunk getting ready for a long winter. One thing short sellers need to realise is that 22.4% of shares will be bought in the futur. With time, unless the company does something stupid, that will be good for investors. I like short sellers, they create buying opportunity.

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