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 > This is getting set up for.................

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Post by slacker101on Jan 07, 2014 1:31pm

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Post# 22066272

This is getting set up for.................

a quick drop to the low $5.80's. Careful with your purchases folks. As of the time I am writing this, LEG is down again for the 4th day in a row in a market that is up over 100 points and oil up about 50 cents. It won't close above $6.00 today. The set up for this next stage lower to the aforementioned $5.80's is complete.

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