Over the past days I made multiple posts here, explaining my thesis on JACK and why I think, that it is the better squeeze play compared to WEN.
Yesterday we had a really good day, with JACK rising about 10% and closing at the high. This is again extremly bullish, as it may attract more traders and of course pressure shorts.
Now since yesterday evening, I saw media and reddit turning more and more bullish on JACK. Multiple articles online talking about that it‘s about to squeeze or a turnaround candidate. Today I also recognized that the daily thread of WSB is mentioning JACK with about 78% bullish sentiment. This could cause a huge spike in interest on this stock and drive up the price, forcing shorts to cover.
I think people are starting to understand, that JACK is more likely to squeeze than WEN and therefore switch up their positions. It is only missing the memes.
Whats your opinion on the JACK and WEN story?