Nothing wrong with some open eyes gambling with money you can afford to loose.
Right now I have about 3K in a dormant company. It's only business is it's stake in an ongoing law suit. Either they win, and the value can go up to about 20K, or they lose and it will be worth nothing.
The time in court is done, and we are only waiting for the verdict, scheduled in October. One of the boardmembers, a lawyer himself, recently bought 100K worth of stock, which is promising. Still a gamble though.