A general term describing a stock with high risk relative to
any potential positive returns. Speculative stocks are often purchased
by those who believe the stock will appreciate in value
without performing a detailed analysis.
Speculative stocks often have a high probability of declining in value
and a low probability of experiencing above-average gains. Investors in
these types of stock may be overly optimistic about the probability of
earning above average gains, or the lure of the above average gains may
be enticing enough for them to make a purchase.
Penny stocks are an example of a speculative stock.Such as...... ..... ...... .....