r/wallstreetbets
WEN will people understand this?
WEN is a profitable, low-cap, heavily shorted company with a turnaround CFO, European expansion, high dividends, and buybacks, ripe for a squeeze.
- Appointed Steve Cirulis, a CFO known for a 500% stock revival at Potbelly.
- Expanding into Europe, paying high dividends, executing share buybacks, and has potential to go private.
- Low market cap and heavily shorted, combined with strong meme status, creating a setup for a short squeeze.
We have a PROFITABLE historical company traded at extremely low price, low cap, heavily shorted, that just named Steve Cirulis as the new CFO, the man behind Potbelly revival that made the stock go more than +500%
That's also starting to make deals in Europe to open stores in a whole new continent
A company whose internet presence is so important that's not only a meme in this subreddit, but their Twitter PR literally created a new standard of communication, one adopted by the White House itself
And the ticker is WEN
Also they pay high dividends, the company always buys back shares and there's even the chance of it going private
I honestly cannot grasp how is it possible we still haven't reached 2021 levels of hype here