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Bottom Fisher

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
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.


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Time Warner looks to be a bottom fisher," says this person.
For that reason, desperate sellers in co-op apartment buildings may arrange a deal with a bottom fisher only to have it nixed by the co-op board, she said.
Mittal has the reputation in the steel industry of being a bottom fisher, an opportunist," the Welsh steel boss said.
 
 
 
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