What a well thought out argument. Honestly, Wake Up! This one has just started it's move up. It broke thru resistance of it's 20 and 200 day SMA the last couple of days... a new management team is making Insider purchases, refocusing the business and restructuring the debt. The best food in the industry at great prices and a very recognizable and well respected franchise. It's been WAAAAAAAAAY oversold... and a fantastic value play... now it is starting a long sustainable move up on it's obvious merits. The only thing "over bought" about Wendy's is their Classic Combo Meal... I mean, WHO DOESN'T LOVE WENDY"S!!!!