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The Wendy's Company (WEN)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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22.86+0.57 (+2.53%)
As of 3:53PM EDT. Market open.
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  • T
    Would love to see a close above $22
  • r
    Wendys in Aiken SC remodeled, and lines are long
  • R
    Pretzel 🥨 Bun makes this stock a screaming buy at these levels!
  • h
    Knew I should have added in low $20's!!! Oh well, need to be happy with my 5k+ shares. Did I mention WENDY'S has awesome salads?
  • D
    Monster lines At Wendy's South Plainfield New Jersey
  • E
    This move today 9/2/20 can not be about the Pretzel bun. What is going on today with WEN?
  • P
    $SHAK conversation
    08-14-2020 @DAVE ... "That is unbelievably amazing... The EXACT same thing has happened in the past as well. Why doesn't the S.E.C. investigate something like that?" ...

    Many possible reasons:

    1. SEC is in a slumber, but should someone with "heft" or stature bring this to SEC or FinCEN, they might listen.

    2. SEC is a well-known "revolving door" of people who used to or would like to in the near future work in a private sector, for a lot more money and bennies, having SEC / gov't service experience and relationships on their resumes. Many at the top and middle layers of SEC currently don't know where they will be in 6 months, so investigating WS financial shenanigans may not be exactly their priorities at this time.

    3. Many in the investment industry (some may now be at SEC and later be back "on the Street") have probably dined in one or more Danny Meyer's fine-dining Union Square Hospitality Group (USHG) 20+ NYC restaurants, and would like to do so again when some or all of them reopen; also Meyer is sitting on several boards of companies with potential IPO and some that will certainly need WS help with raising money through loans and/or other financial services that WS lives on (just like recent recap via dilution of $SHAK) and he is also involved in some feel-good non-profits and restaurant / farming community organizations. Maybe that's why they have been so brazen about it, they may feel at best ignored and at worst untouchable.

    That's why Meyer's USHG and Shake Shack share the similar marketing theme (easy to search): "Union Square Hospitality Group's BELOVED restaurants, cafes, and bars..." / "Union Square Hospitality Group has created some of New York's most BELOVED restaurants, cafes, bars..." / "USHG is the hospitality company founded by Danny Meyer, and owner of some of New York City's most BELOVED restaurants." / "We love to reimagine BELOVED, classic dishes..." / "The (fill in the city) Shack serves up all the BELOVED Shake Shack classics..." etc. etc. - it's in their 10Ks, 10Qs annual reports and all marketing literature. "Iconic" and "cult" are other monikers they use - that's how you sell inferior products at higher prices to tourists and brand-curious, and that's why they need high-traffic places like malls and terminals, stadiums to attract casual traffic and sustain high AUV - but their retainment rate is low, 75% of first-time visitors never come back, so expenses are high, gross and the net margins are low and the business model at these high valuations is not sustainable over long term.

    5. Now, an article about ridiculous valuations and of these WS + SHAK insiders stock shenanigans in highly regarded financial publication(s) or a statement by a well-known short-seller would go a long way to get attention of SEC / FinCEN, but in this environment of The Fed and Fed gov't flooding the market with trillions of dollars to bail out "the market" and "leave no zombie company behind" it's not a sure thing that it will turn into something concrete. After 2007-2008 GFC market crash and unraveling of Madoff's decades-long Ponzi scheme operation a lot of mini-Madoffs were uncovered and busted... I guess we are still some ways from Zombie Companies Apocalypse, staved off by Trillions of dollars, some flowing to companies that should be saved while most going to WS Mafia Laundromats "washing" money through entities like $SHAK and some other zombies, with insiders sharing in the booty.

    I and a few others on this board (and some articles in Forbes, SeekingAlpha, etc.) have been documenting for more than a year this financial engineering fraud and the "love story" between WS Mafia and SHAK insiders and there are enough forensic accounting evidence to bring this to logical conclusion - the question is, would anyone blow the whistle loud enough for SEC or FinCEN to wake up and do their jobs? Shake Shack CFO ("Chief Financial Engineering Officer") Tara Comonte was promoted to President in the beginning of this year - ever wondered why? CFO + President is unusual and rare; CEO + Pres, Pres + COO, CEO + COO are much more common. Randy Garutti is completely incompetent as CEO flailing in different directions, trying one failed scheme after another (GrubHub exclusivity, trying to emulate Chipotlane with pretty "Jetsons"-like sketches, "digital ecosystem" etc.), he is just a marketing cheerleader spouting usual slogans "brand," "opportunity for growth" and "I don't care about margins, I just want to sell more burgers - that brings in cash" on ERs, "investor conferences" and CNBC.

    Well, we'll find out next week if only 1,666 left open from last $55 LIMIT order have been filled... or maybe they used the opportunity today to also "park" another 25K shares for Danny Meyer, on no-news low-vol day with $SHAK "somehow" being up nearly 3% during the day while $CMG, $MCD, $WEN, $QSR, $SBUX etc. were all down or just barely in the green at the same time?
  • s
    Wendy’s Bridgeport CT long lines
  • L
    The new presidential poll done by Alex Greene of Pugatch
    Advisory Company, has president Trump 8 points ahead of Joe Biden!
  • J
    bought this at $11 sold half of it at $23. playing with the house's money.
  • T
    I was very surprised seeing Wendy's and the other stocks that I have in my portfolio doing good. So I'm feeling pretty good. I know September isn't a good month for stocks. But we'll see what happens. Follow my instagram @tyart360.
  • A
    What just happened AH today? Down 4%? You and your delicious dividend and burgers are going to make me buy more shares.
  • E
    What is going on today? any news?
  • d
    I started following "lionstock-aletrs” (Gooogle it - off course without any space or dash in between the words) and their notifications are better than anyone else.
  • E
    Here is hoping for a good earnings report on Wednesday :)
  • t
    Cramer on mad money just said WEN is a great buy at current price
  • Y
    Yahoo Finance Insights
    Wendy's is up 4.96% to 21.99
  • M
    LOL crazy market. Almost every stock with earnings beat got whomped same day or next day. Up is now down, and down is now up!
  • L
    Walter Hessian, has doubled his position in WEN; he has a target of $25
    per share by September 1st!
  • B
    This stock can’t seem to get a break. So many restaurant stocks are flying and Wendy’s keeps flailing. I thought breakfast was going to make a difference. Earnings were ok but cmon. I personally haven’t taken a position yet but would like to if there’s a chance of better price action.