Most of the stock market is nothing but speculation. Sure, "informed" speculation, but unless you have enough ownership in a company to have some kind of power in their decision making process (or have some other advantage like insider info), then you are just guessing what the future will be.
Haha, your comment actually made me laugh out loud.
I would be careful with choosing your words especially when in a marketplace, there are buyers or sellers whose entire goal is to speculate .
>It is controversial whether the presence of speculators increases or decreases short-term volatility in a market. Their provision of capital and information may help stabilize prices closer to their true values. On the other hand, crowd behavior and positive feedback loops in market participants may also increase volatility.
