Fire Sale


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Fire Sale

A situation in which security prices are exceptionally low. This may be a buy signal, especially if the securities are fundamentally sound.
References in periodicals archive ?
Dicks, 40, who takes over as manager of non-League Wivenhoe Town tomorrow, said: "Leeds had fire sales and look where they are now - down in League One.
Phils' fire sale begins with Bell: 3B dealt to Brewers; other trades
A fire sale of stadiums and arenas would bring some much-needed revenue for cash-strapped cities and counties, even in the long term (in the form of future sales and property taxes, which frequently go uncollected on municipally owned properties).
Of course, a fire sale that transfers wealth from one set of sophisticated market players to another, without any impact on the financial system overall, should not be a concern for the central bank.
concern grew over the Mills' ability to pay it off without resorting to a fire sale of its assets and/or placing itself into bankruptcy, according to Senior Director Lauren Cerda.
Drastically reduced to Fire Sale Pricing for Quick Sale.
Shadow Economic Secretary Cathy Jamieson said: "Any lossmaking fire sale to suit George Osborne's political timetable would not be in the best interests of the taxpayer.
Ian Mearns, Labour MP for Gateshead, said: "The last thing you want for delivering value for money is a fire sale at the bottom of the market.
First, a transparent policy of stock support during fire sale episodes would discourage panic selling.
I think what we need to see is the asking price in some (cases) to come down and buyers to realize it's not a fire sale.
Giving away the store today at fire sale prices may provide some immediate relief, but five or ten years down the road, it may well turn into an albatross.
My biggest concern is if the provincial budget is as bad as what people are speculating and there's a fire sale of assets to try and live up to this promise of a balanced budget.