Cramer is an idiot! Those selling lack intelligence
This in my view is a buy opportunity due to these premarket sell knuckleheads.
If you rely on Cramer alone, you should not be investing in stocks at all. Did you listen to his comment? He said six or seven words about biggy deals and likes McDonald's and that was it!!! No mention about new CEO, no mention about image activation, no mention of divy, no mention of refinancing, no mention if seasoned management team, etc! Buy, IMHO!!!
yeah, Cramer is not only over rated but a jerk besides. personally, i think very little of him. still in all, he does have influence. i have some faith in WEN and will hold my position however, that is because yield has increased. i am hoping for increase to PPS thinking that others will share that opinion. fast food is incredibly competitive making for slim profits. McD is a juggernaut and sets the pace. WEN needs to compete head to head as their product is superior. i am disappointed in their strategy of opening new markets in 3rd world western hemisphere countries. that is like going after scraps.