ALL meanings of speculating
spec·u·late
S s - verb without object speculating to engage in thought or reflection; meditate (often followed by on, upon, or a clause). 1
- verb without object speculating to indulge in conjectural thought. 1
- verb without object speculating to engage in any business transaction involving considerable risk or the chance of large gains, especially to buy and sell commodities, stocks, etc., in the expectation of a quick or very large profit. 1