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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 slacker101on Jan 06, 2014 12:43pm
146 Views
Post# 22062103

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

RE:RE:Day 3 of 2014 and............bonjovi501 - It's nice to be finally making something on LEG but it's not made until I cover. I don't particularly like making money this way. It's only the second time I shorted a stock as an investor.  Like I said before, I just joined the winning side for now, not the right side.

gerat - with such negative sentiment towards this stock as shown by the huge short position, I figure the only way I would get burned on this is if the company is sold. Otherwise if this goes down the way I expect it to, I will have plenty of time to cover.

Have you guys noticed that whenever this hits $6.00 today it is bid below right away? I am telling you this is as predictable as snow in January in Alberta.
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