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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 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. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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