When apple was in trouble in the 90s, I thought they were going to fail and stayed away from them. Coworker who loves Apple products bought into them and Microsoft gave them a 150 Million Dollar bail out in 8/6/1997.
Coworker friend cashed out of his apple stocks last year after 20 years in and made some serious money!
https://www.wired.com/2009/08/dayintech_0806/video here:
https://www.youtube.com/watch?v=WxOp5mBY9IY&feature=player_embeddedMyself, I saw Circuit City Failing and stocks were 70 cents a share, I thought they wouldnt go under, they would rebound and I would make some money. So I bought $500 in shares getting 685 shares after transaction fees. Circuit City crashed even harder the next day to 49 cents then 34 cents then 29 cents and then fizzled out into out f business. I was really hoping that the Electronic Superstore Giant would rebound and someday when their stocks were say $15 a share cash out at like $10,275 before taxes. BUT... it was a $500 gamble that I lost.
A few years ago when AMD was struggling and there shares fell to like $1.61 per share I was so tempted to buy into them but I couldnt afford to take another loss like that and AMD was so behind with the future of their CPUs making new products with older core technology driven harder like 220 watt TDP CPUs to try to compete with Intel i7's that ran on half the power and still outperformed in benchmarks. I am very happy that AMD pulled through as for I prefer AMD over Intel because the price tags are better and never had any problems with their products in the last 20 years and good performance, even if not the most power efficient.