I would say pure speculation is not based on tangible data. Pure speculation: I think consumer space travel will be popular in the future, let me buy some Spa

I would say pure speculation is not based on tangible data. Pure speculation: I think consumer space travel will be popular in the future, let me buy some SpaceX shares. Momentum: SpaceX seems to be trading higher in pre-market, let me buy some SpaceX shares at market open. Edit: I know SpaceX is not public, this is just an example.