Shorts, say thank you to Argus, last chance to cover at these prices
Analysts, what a joke. So Argus decided to cut WEN to hold right after it hit's it's 50 day moving average yesterday. Usually a good time to buy and add more shares because hedge funds want to buy the stock cheap. I can't imagine how the shorts would feel if YUM Brands comes out and buys Wendy's. It's a dangerous game to be short.