Wendy’s DD from an OG WSBer, (and my gf’s I guess)
u/MusicNursingCoffee ·
Reddit — r/wallstreetbets
· June 24, 2026 at 03:36
· ⬆ 39 pts
· 💬 23 comments
| View on Reddit ↗
AI Summary
Summary
The author argues that Wendy's (WEN) is a turnaround play driven by a new CEO/CFO duo who previously revived Potbelly (500% share price increase).
Thesis: WEN sits at 2013 support levels, is recession-proof (value menu vs. overpriced fast-casual), and offers 500%+ upside if it reaches $30.
Quality assessment: Speculative DD with anecdotal personal experience and historical chart support; lacks detailed financials but has a clear narrative. Moderate quality for WSB standards.
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Not sure what the odds are I saw the opportunity and started dialing in a position today then it pumps the day of. I’m an OG WSBer and saw opportunity in GameStop, BBBY, CVNA at $3 and PLTR at $10 (sold them all too soon). The prices is sitting at support from 2013 and the upside is 500%+ if it goes to 30 alone.
$WEN not only hired a new CEO last month with previous experience of a 500% share price increase turnaround at Potbelly, but brought in the CFO he worked with today from the same place. This is the easiest turnaround in history.
AI is a bubble we all know it, but if you’ve used Fable/Mythos, the time where people’s jobs will be lost is coming fast, as well as software companies being recreated in a day (it literally remade Minecraft in 20 minutes). The value at Wendy’s is insane and when I lose my job like the rest of the software and coding schmucks, I’ll be buying Biggie Bag’s left and right, the price for value felt like I was in a time capsule. It’s a recession proof business and when people can’t afford being priced gouged and skimped by the dogwater CEO’s at Chipotle, Starbucks, and Kava anymore, Wendy will always be there for you.
I’d never ate at Wendy’s before other than getting Frosty’s as a kid, but checked it out today. The Baconator slaps and was as good as Five Guys, and chicken Sammy and spicy nuggies were on par with the Lord’s chicken. Check it out and tell me I’m wrong.
I’ll be trying out the breakfast tomorrow, but positions are $7 2028 leaps and shares.
If you want a rocketship, a little hint, it’s not SpaceX, it’s $WEN 🚀🚀🚀
New CEO and CFO from Potbelly (where they drove a 500% turnaround) were hired last month and today, respectively. Proven turnaround team + stock at multi-year support + recession-resistant business model (value menu) creates asymmetric upside. Long WEN via shares and $7 2028 leaps targets a return to $30+ (500% upside) as AI bubble deflates and consumers trade down to value. Turnaround may not repeat; breakfast adoption uncertain; macro recession could pressure all fast food margins.
This Reddit post, published June 24, 2026,
features u/MusicNursingCoffee
discussing WEN.
1 trade idea extracted by AI with direction and confidence scoring.