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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

Post by Upside123on Mar 25, 2014 8:32am
265 Views
Post# 22362889

Shorters - Pensona Non Grata

Shorters - Pensona Non GrataThe shorters must be very nervous today.  The amount of indicated shorts still doesn't make a lot of sense.  The news, and the trends are indicating a stronger SP.  All we need is the slightest indication of a dividend and the shorts are toast.  This is being tossed around by management and the board and may not be that far off in the future.  Why would the shorts take this risk?

The real challenge is the high frequency trading that occurs with LEG.  Lets hope the news is as good as they said it was in an earlier announcement and that they reference looking at a dividend as well.  This is all this stocks needs to push it to higher highs.
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