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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 > Day 3 of 2014 and............
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Comment by geraton Jan 06, 2014 12:26pm
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Post# 22061993

RE:Day 3 of 2014 and............

RE:Day 3 of 2014 and............
I would not be too sure about your prediction. Of course it is possible but all patterns break at some point.
I would never short because to me it is gambling. I buy for value and for the very long term. I would prefer to be down on a stock that I feel is undervalued than gamble that a stock that you admit you think is undervalued, will fall more.
I don't wish you bad luck but rather hope you do not get burned.
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