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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 Newguy23on Jan 19, 2015 9:28pm
329 Views
Post# 23337540

Thoughts

ThoughtsWas really nice to see the up day today - been trying to think why and I still think that there must be news on the horizon.  Perhaps could have been a bigger fish/institutional firm deciding to take a big position and then subsequent short covering or momentum guys jumped in, but that seems a bit of a stretch.  Perhaps stock has been too beaten up and momentum just shifted, but can't see that without some sort of catalyst. Anyway, positive either way, but will see what happens tomorrow. Nice to see this kind of move in direct defiance of down oil and with "large" volume for a US off day.

Just my opinion
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