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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 sellthefarmon Jun 19, 2014 11:22am
191 Views
Post# 22675308

RE:LEG - Flash in the Pan????

RE:LEG - Flash in the Pan???? Comments like that are the reason why you need to stop investing your own money.  How on earth do you determine that "MMs" drove the price up so that management could get rid of shares???  That is a stupid uneducated statement with no facts behind it.  I've got the insider reports infront of me and not a single insider has sold shares since Dec 31, 2013.  Spotty volume?  The 6 previous trading days were all above the 100 day avg vol of 1.4m shares.  Less than two hours in to trading today and they've traded 20% of the avg volume.  There is no way possible to tell what shorts are doing based on daily volume.  Two down days in a row on good volume following 4 straight up days on heavy volume is a healthy pause in an upward trend, not a reversal.  


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