Wendys Company (WEN)

[greasemonkeyshoes]

A 10% gyration seems to be the norm 4-6 weeks before the next ER........
For most investors
Stop buying and hold;
For some investors
Sell and take profit;
For few investors
Buy more;
For me
Busy rolling ITM(was OTM) Calls into 2015 Call Options(OTM) at $10.00 strike .I believe my orders may be the culprit driven delta DOWN and pushed implied volatility UP!

In the QSR arena,1st tier players are eating the 2nd tier players for LUNCH,including giants like M&&,J**,H&&......I'm glad the vision of Dave Thomas is re-deployed by Emil started in 2011 with unconditional support of N. Peltz(or becomes the next Ackerman/JCP)....again the restaurant industry is about to become a killing field for those thinking "INSIDE OF THE BOX" and have done little on the defensive,let alone offensive.........rude awaking and many were to be f&&*ed!

What I keep my eyes on:progress of re-franchising,or more bluntly:are the capital spigot,through the 3rd party(like GE capital),in full throttle mode??So far so good!!Wendy's has jumped ahead within the 2nd tier group and it has started nibbling at the heels of the 1st tiers!!And most likely it is continuing,with more menu additions in the pipeline!

PS-Will we see Dunkin Donuts and Wendy's combo??Or something like "Dunkin Donuts Menu" be introduced in Wendy's in Jan. 2014??I'm guessing BIG on this one.

PS2-Change "a cut above!" to my "a cut above or be cut up!" seems more fitting!