Wendys Company (WEN)

[Capt_Smith77]

I'm curious what your issue with the Flynn Group is.

The hotel I worked at for many years was sold by Apple Reit a few years back in a package deal to the Flynn Group. They already owned thousands of restaurant franchises at the time, which is what they were known for, but they also had a handful of upscale resorts that could cost vacationers north of 10K a night at some of them. When we were bought out, we never heard of any type of benefits from them, and even though we actually worked for a management company, at least with Apple Hospitality we had a discount at their properties.

The problem with Flynn was noticeable. They had zero experience with the the type of hotel I worked for, and when something broke down or needed fixing, there had to be multiple bids placed, where management had to wait on Flynn to approve. We once had the kitchen's oven broken for between four and six months, and we were expected to serve the guests microwaved breakfast. If you can imagine what the guests thought of their microwaved sausage, potatoes etc.... it was gross. Now the eggs come in a bag and were typically microwaved anyway, but meats just taste like rubber when you microwave them. The breakfast attendant didn't come in many times, and so I was expected to be the "cook", and I grew tired of that bullshit. Even worse was that we were all chastised by management for telling the guest the truth, and not lying to them. Literally everything ends up in a survey, and employees get blamed for everything while management and ownership get a pass. I eventually quit and moved on. Apple Hospitality wasn't as bad as Flynn, but they had their issues as well.

[Nighthawk_1]

Time to break Greg Flynn's and Newsom's bank accounts and not let them break yours.

[Nighthawk_1]

Personally, I have boycotted Wendy's, especially after my bad experiences in the past with Wendy's. I'm not stating this out of disgruntlement, I just state the fact and the truth. And, now, even moreso, I would boycott Wendy's and anything and anyone associated with the company(ies) that are tied to Greg Flynn and Newsom. Even Taco Bell and/or any other franchise Greg Flynn is associated with.

[mc73]

You've been saying that for 3 years lol

[TRUSTUNITS1000000]

Look at news release and this is the burger chain

[TRUSTUNITS1000000]

Is this the burger chain

[Nivea67515]

Love me some WEN

[T695]

This better beat in the morning for the sake of my calls

[weedtrader420]

W E N $50 TARGET PRICE WOOHOOOOOO

[Roadtojourney]

And another day same story lol

[Roadtojourney]

And still falling pos?? Imo

[Roadtojourney]

And the fall continues??

[DR. EVIL]

Don’t be jelly…

BAWHAHAHA

[Roadtojourney]

Just wow good company and yet the analysts battered it? Imo

[G-lupo]

Sure I just happens to guess the exact amount of options. ihub is so great with pumpers

[DR. EVIL]

Ummm…

That’s how many I had.

[G-lupo]

Bull crap lol. .10 call would not equal 60k now unless you had like 200 of them

[Chartmaster]

WEN is the new reddit wall street crowd's target, WEN is going up like AMC and Gamestop imo! Bought the Nov 25 calls today!

[SANDRA11]

I am going to get the new salad now.
It better be good. LOL

[DR. EVIL]

Sold .10 call bought 2 weeks ago for $60,000

Love it when a plan comes together.

[Sammy boy]

I bought 210K @ $4.10 in 2012 when Wendy's still was part of Arbys. I saw a big hedge fund bought like 5mill of it and I said I'm in. Arbys was draining them at the time. BK was $23 at the time MD was close to $100.

[Pharmazar]

Way undervalued going to 100+

[Porterhouse10]

Boom!

[TravisZ]

When are we hitting $50? Ugh

[weedtrader420]

WEN $50 TARGET PRICE WOOHOOOOOOOOOOOOOOO 0

[Hitman970]

Epic run from the recent low.

[Porterhouse10]

Holding free shares, sux they cut the dividend by 58%, but it should climb up in the future jmo

[Hitman970]

No one can suppress the beast.

[Porterhouse10]

Before all this COVID BS, I liked WEN to go low to mid 30's

[Hitman970]

18.5 AH

[Porterhouse10]

Dude, I bought at $6.93 Gilligan

[Hitman970]

LOL STFU

[Hitman970]

7%+ again

[Hitman970]

13.74

[XCypher73]

No chance

[Hitman970]

Yes it’s not.

[koolmc]

holding up very well waiting for that dip to 12 for trade hasn't come yet

[riotmaker]

Same here I believe in the next 5 years it will be at 40 dollars a share

[XCypher73]

Bought a nice chunk at $7 and smiling all the way to the bank. If you're ok with holding long, this easily gets back to $20+. IMHO, of course.

[LemonsCapital]

Wen hits 10 from 7 ty outto

[Capt_Smith77]

So it would shoot up to nine bucks a share.

[Capt_Smith77]

Took profits @ 7.12, as it feels like it's heading back down again.

[Capt_Smith77]

I take that back, looks like it didnt fill.

[Capt_Smith77]

Out @ $7.82

[barnyarddog]

6.82 Latest Headlines


UPDATE: McDonald's, KFC go to takeout only, Dunkin' removes seats as Trump encourages contactless restaurant transactions
MarketWatch 3/18/20 10:45 AM ET

Wendy's Closes Dining Rooms Amid Covid-19 Pandemic
Dow Jones 3/17/20 9:55 AM ET

Wendy's Co. (WEN) Paused (quotes only) due to market wide circuit breaker resumption
Dow Jones 3/16/20 9:41 AM ET

UPDATE: Restaurant stocks at risk of labor shortages and reduced opening hours as coronavirus spreads
MarketWatch 3/14/20 10:42 AM ET

[Capt_Smith77]

I think part of the issue is that the company just rolled out a brand new breakfast that's supposed to stay, which could be a challenge for a while with the franchises, especially with the issues they currently face.

Now it could take a while for customers to change over to their breakfast from competitors such as, say McDondalds and Chic Fil A, but over time I think it'll be a success. I would like to see them open their lobbies earlier the same as their competitors though, as the 9am model seems a bit late IMO. Of course it works now in this current environment, but the whole social distancing thing won't last forever.

Wendys, I believe, has better quality food than many of its competitors, and I would argue that this includes their breakfast lineup as I've had the opportunity to try it twice thus far. It's a bit on the pricey side, IMO, but you pay for what you get, and eating out in general is rarely cheap.

[The Unforgiver]

Hi everyone, I hadn't checked out Wendy's stock for a long time - what caused the price drop here? The coronavirus obviously has a hand in it, but is there something else as well? Thank you for your time.

[Capt_Smith77]

Picked up a bunch of WEN @ $6.89 Will double if it drops much lower in the future.

Now looking to BAC for a few

[Porterhouse10]

Oops nevermind maybe at $5

[Porterhouse10]

I'll buy at $7 and ET which has just been clobbered at $3.50 insiders were soaking up share BIGLY before the PANDEMIC OF FEAR!