Speculation... Lol

"There is a joke that says that one black marketer sold a sardine can to another for one dollar. This black marketer sold it to another for two dollars and the third black marketer sold it to another for three dollars. The can continued to change hands and increase in price until a black marketer bought it for 25 dollars (an enormous sum at that time) and decided to open it. To his enormous surprise, he saw that the can was empty. He ran back to the black marketer who had sold it to him to get his 25 dollars back. However, this black marketer simply told him, “How could you be so stupid as to open the can? This can is for selling, not for eating”.

This joke also illustrates perfectly the distinction (with no basis) that some people make
between shares for investing in (to hold them for a long time, so they say) and shares to speculate in (to
sell quickly, so they say).

Source: Pablo Fernandez, Internet valuations: The case of Terra-Lycos