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 Fishing

An investment strategy in which one buys high-risk stocks in companies that have recently dropped dramatically in price. The investor buys the stock in 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.
References in periodicals archive ?
Gold weakened to levels ripe for bottom fishers on Friday, though the yellow metal still remained on track to post its first yearly loss this year in 13 years.
Brave bottom fishers looking for value in the boomed out technology sector should have a look.
850 Third Avenue is getting plucked from Pru by the King of the Bottom Fishers, Chicago's Sam Zell, now making a move on Manhattan.
In past years, bottom fishers targeting these tasty snapper have had ridiculously good days simply by dropping whole deboned ballyhoo to the bottom.
We're currently seeing a lot of interest in one-bedroom apartments in the $125,000 to $160,000 range from bottom fishers, and one bedrooms at over $300,000 from people who can afford the best.