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 ?
What's worse, taxpayers subsidize these glassedin hovels by offering restaurants public space at firesale prices.
In India, firesale prices enabled some sales to BSNL.
He engineered the resignation of Stephen Hester to speed up the firesale of the bank and build up an election war chest for the Government.
We should be backing Royal Mail, and the universal service it provides, not conducting an unnecessary and rushed firesale.
His assessment of Nick Clegg's firesale politics at any cost was clearly demonstrated in today's leader's speech, when he stated that 'the job of the Lib Dems is plain and simple, to get more Lib Dem MPs elected.
Mr Leslie said: "There is strong evidence that this firesale represents poor value for the taxpayer.
Pannu initially pledged at the season's end that there would be no firesale of Blues' star players but events have since moved on.
My notion of no firesale gets support and given the relegation scenario, reasonable but only market offers will be considered and with the agreement of our new manager," said Pannu, Blues' acting chairman.
Among the trainers with a few more to shift at this season's midsummer firesale is Sir Michael Stoute, who has 16 for auction, which may go some way to explaining his relatively quiet season.
Other Dubai-owned assets, such as Turnberry golf course, are likely to go to the highest bidder in a firesale of assets held by Dubai World - the crisis-hit firm behind some of the state's most ambitious projects.
25p, following Thursday's news that the administrator of its embattled majority shareholder Arcandor is unlikely to resort to a firesale of assets.
The note had until recently failed to breach a line of support that echoed all the way back to the firesale of Bear Stearns to JPMorgan Chase.