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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 > Volume
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Comment by oppy69on Jan 03, 2014 12:45pm
223 Views
Post# 22056347

RE:Volume

RE:Volume
I started buying in the 6.20 area, and saw sub-$6 rejected on Dec.11th, hoping to see a close above $6 today again, and then hopefully we'll see an uptick towards $6.50 area.  I think the shorters are seeing how low they can bring it before the big buyers step in.
I also heard a rumor from a reliable source that a 'deal' is imminent. (not sure what that entails).
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