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Save Wendy's - £95,000 YOLO
Investor summaryBullish
Author YOLOs £95k into WEN citing new management, undervalued real estate, high short squeeze potential, and a 7% dividend.
Bull points
- New CEO and CFO previously turned around Potbelly stock by 500%.
- Owns $900M in real estate, representing nearly 50% of its market cap.
- 30% short interest and 103% institutional ownership create massive short squeeze potential, alongside a 7% dividend.
Post body
I'm not going to post DD that's already been done by wsb but here's a general list of reasons to buy.
- New CEO and CFO, the same epic duo that saved Potbelly and turned the stock around 500%.
- Wendy's owns $900million of real estate, that alone is nearly 50% of their market cap.
- 30% short interest, massive squeeze potential.
- 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.
- 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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