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The Wendy's Company Message Board

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  • joetong419 joetong419 Nov 12, 2010 10:37 AM Flag

    STRONG BUY

    WEN, despite the small loss, price didn't go <4.25.

    Implication the takeunder price still on the rumor table, but now lowered, whomever is the ghost buyer. Just like buying a home, you try to get the lowest price; why pay 90% more, when you can get it at a bargain.

    $5.50 - $5.75 is more like the ballpark figure to satisfy most shareholders. Maybe by the end of 12/31/2011.

    Sad to see an icon company go down the tubes. But not the first with Sears, JC Penny, Kmart.

    Thanks Peltz!

 
WEN
8.255+0.085(+1.04%)4:00 PMEDT

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