Yes a bit but going down in the next few quarters. Will be under 100 at least. Life has been breathed into Wendy's and people want to be a part of the resurgence. So are a lot of stocks... A by the book guy... Lol
I bought WEN at $7.50 as they are in a great position now to do well. This stock had done nothing for years but they are firing on all cylinders now. The new stores are looking great and love the new concept and menu. This stock will hit $12 by years end and $16 in in late 2014. Just hold and accumulate.