@calvinfroedge You were wrong the entire quarter and then you make an article trying to collect money at the end like a mass that just ended session.
No shame at all.
@calvinfroedge Stop trying to be logical about markets lol
Its all about narrative. Narrative now is that there is no issue to see here, they will do what they do.
$WEN
Wendy’s is up 20% overnight as the stock is going viral on r/WallStreetBets.
The most viral post wrote this as their thesis:
“My fellow regards. We need to save Wendy’s before it’s too late. If this company goes bankrupt, we’ll all be out of a job!”
$WEN -- The world’s third-largest quick-service restaurant company in the hamburger sandwich segment. 7,397 restaurants in 38 countries. Trian Fund owns 7.9%, and Nelson Peltz owns 5.4%.
Market cap $1.2 billion. EV $5.1 billion. Cash $300 million. Long-term debt $2.7 billion. No significant debt maturities until 2028. EBIT/interest expense 2.7x Trailing free cash flow yield of 20%. Dividend yield is 9.1%.