There are penny stocks and then are penny stock picks that are so outrageously wild that they should never be considered unless one is gambling with pocket change. And by pocket change, I’m talking almost literally. You’ve heard the expression about investing no more than you can afford to lose? Here, you don’t even want to get anywhere near that point.
Yes, the more you put in, the more you can possibly win. However, it’s also true that the more you put in, the more you can probably lose. In other words, the deck is stacked against you. These ideas won’t pop 900% or more because they’re so impressive; rather, they fell so badly off the mark that folks are banking on the rebound.
If you can handle the high heat, these are the 10-bagger penny stocks to consider.
This post originally appeared at InvestorPlace.