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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 > Shorts are going to push this down......
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Comment by Thistotallysuckson Jun 14, 2013 7:39pm
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Post# 21527235

RE: RE: Shorts are going to push this down......

RE: RE: Shorts are going to push this down......

Bottom line - when mgt gets levelled the stock will turn. Unfortunately they aren't very likely to let go from their lottery ticket so the board needs to step up.  I don't see how you can have 20% of your float or more short for 2 years and the board have any confidence in the mgt team.

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