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 > And the last 15 minutes is..................

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Comment by williammstanleyon Mar 18, 2014 4:37pm

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Post# 22337851

RE:RE:And the last 15 minutes is..................

In addition to near term reporting, it shows me is how short LEG is.
To me, that does instill confidence. Profit takers abound in all stock, especially where they move up very quickly for no "apparent" reason.

Look at how TORC was beat down to the $6s , out of favour....lalalala, and then made the big move into the high $11s in a number of months. This may well be where LEG is going...in time.

It it may well re-test $7 again tomorrow and move upward on earnings and news.

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