Speculative Company

  

See: Speculation.

They dig oil wells based on a water witch's broom. She said she was touched. The company believed her. This'd be crazy, but she's looked for 17 wells and actually found 11 gushers during that search, in a world where 1 in 10 is a good score.

So you're betting on her, totally speculating on this speculative company. But like...why not? Better odds than the table games in Vegas.

Find other enlightening terms in Shmoop Finance Genius Bar(f)