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Bottom fishing

   Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson 0.02 sec.
bottom fishing
Used to refer to the activity of investing in securities when it is believed the market has reached bottom following a major decline.

Bottom fishing. Investors using a bottom-fishing strategy look for stocks that they consider undervalued because the prices are low.

The logic of bottom fishing is that stock prices sometimes fall further than a company's actual financial situation warrants, especially in the aftermath of bad news. Bottom-fishing investors hope the stock will rebound dramatically and provide a healthy profit.



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Prices vary, but figure about $100 an hour for an inshore striped bass or bottom fishing excursion for a party of up to six people.
Some clients are telling us, this is bottom fishing time," Arian says.
Interest rates have bottomed and begun to climb, and buyers, who are bottom fishing should beware lest the same thing happen to them with residential property
 
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