u/Coal909

The author argues Wendy's below $8 is a legitimate setup because 32-37% of float is short (~50.27M shares) while institutions lock up ~86% of shares, leaving only ~21.88M shares of active liquid float. This structural supply constraint plus a 4.7 days-to-cover means sustained retail buying creates a liquidity trap forcing rapid upward reversal, visible as 30-cent jumps when shorts cover. He targets $11 conservatively and $15 if it reaches meme status, noting institutions are incentivized to sell only after a huge move and won't sell at a loss while momentum builds.