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 ?
The land was given away in usufructo, together with all the existing facilities and machinery at firesale prices by way of soft state credits offered by Cuba's Central Bank.
Firesale Softway CEO Doug Miller does not expect Mortice Kern Systems Inc's acquisition of Unix-on-NT company DataFocus Inc (see separate story) to alter the competitive landscape much.
According to The Wall Street Journal, an Idaho salvage dealer purchased at a 1993 Department of Energy firesale the essentials to make bomb-grade uranium, including equipment, blueprints, and flowcharts.
The problem of course is the hovering threat Fairfield will have to unload its assets at firesale liquidation prices and all that stock will end up as corporate wallpaper.
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.
These have crippled an unfortunate Greece which was unwise enough to give up the Drachma, and has been so badly led that she wasn't even offered a referendum choice outlining all the benefits of leaving and now sees herself barren, asset-stripped and sold off piece by piece at firesale prices, whilst the UK austerity movement fawns before the Trojan Horse.
Experts have warned homelessness is set to get worse as landlords embark on a firesale of properties because they are too costly.
Shortly before Moltin's creation Jamie and Chris created FireSale, another open source e-commerce platform.
We should be backing Royal Mail, and the universal service it provides, not conducting an unnecessary and rushed firesale.
But Davies and Blues' other stars fully expected a firesale.
Mr Leslie said: "There is strong evidence that this firesale represents poor value for the taxpayer.