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Bottom fisher |
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Bottom fisher An investor seeking stocks that have fallen to prices at or near their bottom, which he or she believes will trend up in the future. Bottom Fisher An investor who buys high-risk stocks in companies that have recently dropped dramatically in price. The investor buys the stock with the belief that the drop is due to panic selling rather than a serious fault in the company, and that the company will recover. The number of bottom fishers may increase in a prolonged bear market. See also: Distressed securities. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Ralph Krueger of The Corcoran Group was the exclusive sales agent and is glad the deal is done because he was giving tours to "every bottom fisher on Wall Street. After purchasing three more office buildings in downtown Stamford, Connecticut, an equity fund led by bottom fisher Samuel Zell is now the largest commercial property owner in the suburbs. |
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