In most circumstances, you should avoid extremely speculative ideas, especially those billed as cheap penny stocks. It's difficult to find hard statistics regarding the odds of success in this arena, in large part because of the diversity of enterprises and industries involved. However, to put it colloquially, the odds aren't good at all. We know this because if it the odds were favorable, everybody would bet on cheap penny stocks. But it's not that easy and most times, the underlying entities lose consider ...