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 > 2.22 short squueze

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Comment by KakaBOOon Dec 09, 2014 10:29am

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Post# 23210209

RE:2.22 short squueze

SHORT SQUEEZE?? I don't think you understand what a SHORT SQUEEZE is..... over 30 mil shares were short as of nov 15th, and slighty increased as of Nov 28th.... so they are IN THE MONEY OVER +50%, thus any UPTICK does not SQUEEZE them out!

A squeeze would imply if they were caught in the wrong direction, they clearly have not been caught! Please don't use 'short squeeze' to describe a slight movement in this stock that has been hammered over the past month.

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