[rayiner]

A great example of the difference between investment and speculation. Pouring money into a company without a product helps fund development of that product.

[waterlesscloud]

People buying shares on a secondary market aren't really helping fund product development, at least not in any direct way.

But you'll still see folks putting large sums of money into something like a small biotech company that doesn't have a working product yet.

It's speculation, of course, but that's the point. People speculate all the time, some of them with large sums of money. Shouldn't be surprising news.