I'm not going to post DD that's already been done by wsb but here's a general list of reasons to buy.
1. New CEO and CFO, the same epic duo that saved Potbelly and turned the stock around 500%.
2. Wendy's owns $900million of real estate, that alone is nearly 50% of their market cap.
3. 30% short interest, massive squeeze potential.
4. Institutions own 103% of the outstanding shares, the open market is so oversaturated that every single share currently held by everyday retail investors only exists because a short seller borrowed and re sold it in the past.
5. They pay a 7% dividend.
This is a legitimate turnaround story waiting to happen. This stock can easily go back to $25 just from the turnaround, but $50+ is possible if the squeeze occurs.
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