bottom feeder

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Bottom Fishing

An investment strategy in which one buys high-risk stocks in companies that have recently dropped dramatically in price. The investor buys the stock in the belief that the drop is due to panic selling, rather than a serious fault in the company, and that the company will recover. The number of bottom fishers may increase in a prolonged bear market. See also: Distressed securities.

bottom feeder

A derogatory term for someone who buys distressed properties; one who profits from the misfortunes or poor management of others.

References in periodicals archive ?
Tests were conducted on the top and bottom feeding of 15-mm bottom-gated plates.
Unfortunately, when they are bottom feeding on snails, trout are very difficult to catch.
America needs a 21st century immigration system that works for the American worker--a system where undocumented workers can come out of the shadows and get right with the law, a system where all workers can see their job and earnings prospects strengthened because bottom feeding employers are no longer given free reign to hire and abuse undocumented immigrants, and a system where all workers can speak up without fear of retaliation.