Answer:
Yes buying stock on speculation was a risky because the one who bought the stock depended 100% on a rising stock market value to get his or her money back.
Explanation:
- Because of lack of support and no security such types of stocks were very sensitive to buy.
- A type of risk when ventured outputs in two things either profit or loss.
- In the investment world most of the activities involves some sort of speculative risk.
