During Cramer's Wednesday night segment of "Mad Money," he said that there "seems to be a lot to like" about Twitter, including a pickup in users, a positive cash flow and a loss that "aren't as bad as it has been."
Cramer highlighted one sentence from Twitter's report that "destroyed the story" – "Revenue came in at the low end of our guidance range because brand marketers did not increase spend as quickly as expected in the first quarter."
"It's kind of like saying, 'Don't buy our stock – we don't know what we are doing,'" Cramer said.
As such, Twitter is now an over-promise and under-deliver story and the company's own statement suggests the stock is currently overvalued by a few dollars per share.
So how would Cramer fix Twitter's woes?
As a hypothetical CEO of Twitter, Cramer said he would go to Harvey Mudd College, Caltech, MIT and Stamford and hire the three best computer scientists at each institution.
Next step: Sit down with a bunch of "half-blind grandmothers." Once you solve Twitter's woes for the "half-blind grandmothers... you solve it for everybody."
"And both the users and advertisers will follow," Cramer added.
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