Stocks Under $5 at Risk of Bankruptcy

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According to Robert Holmes, "There are few reliable ways of determining which companies are at a greater risk of going bankrupt than others. The Altman Z-score, a formula developed by New York University professor Edward Altman in 1968, is one of them. ... With data provided by iMetrix, TheStreet found 10 companies on the New York Stock Exchange, NYSE Amex and Nasdaq trading at less than $5 with the lowest Altman Z-scores." Read more here.

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