Wendys (WEN)

The turn around is in full swing. They are starting to remodel select stores. Thing is they need to invest 750K in each store to totally give it a make over. This will retard earnings in the short term but long term shareholders will reap the benefits over time. Already the stores that have been remodeled have seen large jumps in sales. The shares are again trading at the lower end of the their short term range around $5 a share. You could buy here and sell at $5.50 for a quick 10% pop or hold for the break to $7.50 a share. Long term I still believe in managements ability to right the ship on this one. Good luck investing. Tony