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On Tuesday, shares of Wendy’s Co (WEN) ripped 30% higher to close around $8, lighting up trading forums and breathing new life into a stock that had spent most of the past year melting like an ice cube. With roughly a third of the float sold short, retail traders smelled a squeeze. And for a day, they got one. 

But the meme crowd could be onto something. The burger chain recently brought back its former chief operating officer who oversaw the creation of the “4 for $4 deals” and the spiciest account on social media. Could Wendy’s stock have a second act? 

There’s a good chance the answer is: yes. 

And so, I’d like to outline my WEN stock price…