I have a couple of questions that need to be answered. 1 paragraph long each (5 complete sentences). 1 reference. No copy and Paste.

1. Twitter's stock was a recent popular IPO (Initial Public Offering). The video was from November 8, 2013, one day after the IPO. It opened at $26 and its price quickly jumped and has fluctuated between $38 and $46, with analysts' estimates between $30 and $54. As of Monday, November 18, 2013, Twitters stock closed at Just over $41. Facebook, in contrast, Opened at $38, and over the next 10 days fluctuated between $36 and $42. What would the history of these two IPOs say about the primary and secondary stock markets? 2. Often it is argued that Managers should not focus on the current stock price because this leads to an over-emphasis on short term profits at the expense of long-term profits. Is this true? 3. What does the Efficient Market Hypothesis (EMH) imply for investors who buy and sell stocks in an attempt to beat the market? 4. Many people claim that playing the stock market is like gambling. How is this true or not true? What should be one's approach to the stock market