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A & W Food Services of Canada Inc T.AW

Alternate Symbol(s):  AWFDF

A&W Food Services of Canada Inc. is a Canada-based company. The Company is engaged in restaurant business. It offers different types of food menu such as, breakfast, burgers, chicken and more, sides, kids pack, drinks, and brew bar. Its breakfast menu includes Bacon & Egger, Sausage & Egger, Cheese & Egger, Pancakes with syrup, Hash Brown, Breakfast Wrap and others. Its burger menu includes Ruffles Crunch Buddy Burger, Ruffles Crunch Teen Burger, Spicy Piri-Piri Beef Buddy, Mama Burger, Masala Veggie Burger, and others. Its sides menu includes Churros, Onion Rings, Sweet Potato Fries, Apple Turnover, Russet Thick-Cut Fries, and others. Its drinks menu includes A&W Root Beer, diet A&W Root Beer, Coca-Cola, Brewed Coffee, and others. Its Chicken & More menu include Chicken & Cheddar, Spicy Chipotle Chicken & Cheddar, Whistle Dog, and others. Its Brew Bar menu includes Frozen A&W Root Beer, Frozen Root Beer with Sweet Cream, Strawberry Smoothie, Vanilla Latte, Cappuccino, and others.


TSX:AW - Post by User

Post by mountainposeon May 17, 2019 1:01pm
169 Views
Post# 29756166

The largest "Inside Sale" in A&W history just occured!

The largest "Inside Sale" in A&W history just occured! Whatever your stance on A&W the secondary offering is by insiders to the public and it's huge. I also believe the momentum coming form the new products (Veggie) is baked into the stock at this point so we should consider moderating it's impact for now. Also a bunch of other fast food guys are onto this now as well (Timmy's, Burger King etc.). The secondary shares just issued are mostly to new buyers and they will not have the same conviction I, and many of us on this board may have had (correctly) regarding the bullishness we have seen for the past six months. These new holders will sell their shares if we don't get moving to the upside very soon. They are under water as it stands. I asked myself if I had fallen in love with the stock and the answer was yes. I am very bullish long term but I strongly believe we could see another $6-$7 downside from here as we shake out some weaker holders and bring the very bullish tone down to earth. I made $46K on the rally. I will get back in but not at these prices. I want to wait a bit and see what happens. Markets are also very choppy so time for some caution anyway. So what do you think? GLTA
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