Interesting thanks. I had some success buying Carrol’s ($tast) heavily at around $1 a share, later sold to $qsr for $9.55 - I wonder is Wendy’s in a similar position insofar as it’s just totally bombed out and will persist, thus share price should mean revert to a large extent? (Think $Jack is in the same boat btw if you haven’t looked into it yet) - both are “troubled” brands, but I struggle to see them decreasing to zero…
I really can't tell you with much confidence. Based off what I've seen with these lindy trading system trades it's typically more of a short term signal, weeks to months.
Thanks for the thoughts. Where do you see Wendy’s trading at in 3-5 years, (presumably higher!), and why?
Interesting thanks. I had some success buying Carrol’s ($tast) heavily at around $1 a share, later sold to $qsr for $9.55 - I wonder is Wendy’s in a similar position insofar as it’s just totally bombed out and will persist, thus share price should mean revert to a large extent? (Think $Jack is in the same boat btw if you haven’t looked into it yet) - both are “troubled” brands, but I struggle to see them decreasing to zero…
$jack has too much debt in my opinion
Yep, certainly elevated and needs to be addressed asap
I really can't tell you with much confidence. Based off what I've seen with these lindy trading system trades it's typically more of a short term signal, weeks to months.