lost $50,000 in stock with iAsiaWorks a few years ago when they went under, they were note "were" the first and only hosting company in eleven countries in Asia Pacific.
The day they closed trading it actually rose about 300% then bottomed, I had my sell order in but they closed trading on that stock.
I was part of the class action lawsuit and recovered $1498 of my $50,000 investment
This is when I finally stopped the day trading and starting diversifying my portfolio.