Did You See Panera Bread? You Could've Made Money Listening to Howard Penney | $PNRA

Takeaway: It (literally) pays to listen to Howard Penney.

Fast-casual food chain Panera Bread reported earnings and lowered 2014 guidance which sent its shares tumbling 4.4% in after-hours trading Tuesday evening.

 

Did You See Panera Bread? You Could've Made Money Listening to Howard Penney | $PNRA - pnra

 

Talk about nailing it.

 

Yesterday, Hedgeye Managing Director and Restaurants Analyst Howard Penney shot a 3-minute video on HedgeyeTV outlining his bearish case on PNRA and why he added the stock as a "Best Idea" on the short side.

 

As you can see below, it pays to listen to Penney.

 


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