It's Wednesday, April 29th.

Welcome to Market Fullery.

I'm Chris Hill joining me in studio today from Stock Advisor and Motley Full One, Brendan Matthews

and from Champion Shares Pro Mike Olson.

Happy Wednesday, gentlemen.

Hello, happy Wednesday.

We're going to talk about the Berkshire Hathaway annual meeting.

We're going to do a little preview with that

because you guys are just, I believe in a matter of hours,

going to be getting on planes to head to Omaha for that.

But before we get to that, earnings Palusa rolls on and if there were a color of the day for this episode, the color would be red as we talk about

Panera bread lumber liquidators, but we will start with Twitter.

First quarter of revenue was up 74% from a year ago that is still lower than expected.

The company lowered guidance for the rest of the fiscal year and not surprisingly, the stock down more than 20%.

Brendan I'll just start with you.

How bad was this because this seems like among other things like Twitter the company or I should say Twitter the business

and in particular Twitter's management is not getting the benefit of the

doubt from anybody. No and it didn't help that their earnings were leaked an hour

before they were supposed to an hour before the market closed. I think it's just

a this isn't a new and an emerging business and predicting it short term I think is very difficult

Long term. We don't know what will happen with Twitter. I think there's obviously a lot of a lot of potential

But it's a 26 billion dollar company. So people are expecting a lot and if management doesn't live up to that every quarter

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