Speculative Company

Speculative Company

A new, small, or otherwise obscure company with a high likelihood of failure but a small possibility of experiencing an extraordinarily high return. Many IPOs, especially in small companies, are considered investments in speculative companies. By definition, investing in a speculative company carries a great deal of risk. See also: Penny Stock.
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We're not trying to be a speculative company we want to develop it to mine ourselves," Coutu said.