Microcap stocks refer to the shares of publicly traded companies with a market capitalization typically between $50 million and $300 million. These stocks are usually associated with smaller, lesser-known companies and are considered high-risk, high-reward investments.
To speculate, usually with the knowledge that the investment is highly risky, often in the context of buying securities.
Wildcat drilling refers to the process of exploring for oil or gas in unproven or undeveloped areas, which involves high risks but offers potential for high rewards if commercially viable resources are discovered.
