Among the thousands of names in “penny stock territory” (stocks trading for $5 per share or less), there may be a handful where the potential rewards outweigh high volatility and risk. However, against this small group of strong opportunities are scores and scores of penny stocks to avoid. Interestingly, many of the top names you should avoid are this category’s largest, most heavily traded stocks. They lack what they have in name recognition in fundamentals or promising future prospects. As you may have gu ...