Those bargain hunters, or bottom fishers
, are hoping to expose the seller who has to sell because of financial distress and who will take the best offer received, Braddock said.
Normally, you would expect to see some kind of relief rally as bottom fishers
come in looking for a bargain, but people are just terrified.
In past years, bottom fishers
targeting these tasty snapper have had ridiculously good days simply by dropping whole deboned ballyhoo to the bottom.
In early trade, yesterday's laggards seem to be attracting some bottom fishers
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.
Warm inshore and surface water temperatures make moving beyond the second reef very advantageous for bottom fishers
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.
Call volume on PSFT was over four times that of put volume in yesterday's session, trading 20677 call options compared to just 4,777 put options as bottom fishers
entered the waters hoping for the big catch.
It's prudent business philosophy and the good bottom fishers
have built this up in-house," he said.
Sam Zell, one of the industry's best-known bottom fishers
, is casting his reel in the tri-state area.