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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 SupaSageon May 26, 2015 3:01pm
184 Views
Post# 23766069

RE:RE:RE:Rare, Imminent, Win-Win -- Too attractive to ignore!

RE:RE:RE:Rare, Imminent, Win-Win -- Too attractive to ignore!Over the years, I've owned numerous stocks that have popped in share price on asset sales and/or buyouts.  Just because the share price is falling today doesn't mean that anyone has any more knowledge than the next person.  If that were the case, there would not be as many stocks that move huge after a buyout announcement.  Granted, sometimes information leaks, but I would not assume that the weakness in LEG is because "big coin" is selling.  In fact, there has only been 3.6 million shares traded today, much lower than the 10 and 14 million we saw just a few days ago. In addition, oil prices are down 2.7% today.
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