Saturday, December 17, 2011

Wendys (WEN)

The Stock of Wendys (WEN) has been threading water all week. It has been stuck in the $4.80-5.50 range for the last year. Once it closes about $5.50 things are looking good for a short term run to $6.25. Don;t usually like to do short term trades but I like them for a quick buck or better yet for the long haul. I could easily see $8 a share within 2 years. But and hold for the long haul or trade them. If you go the buy and hold route collect the decent dividend while you wait. Good luck investing. Tony

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