bottom fishing


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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 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.

References in periodicals archive ?
One of our study sites was located in an area where bottom fishing has been prohibited since December 1994.
This will certainly improve both your flatline and bottom fishing success.
The Pew Environment Group, Iceland Nature Conservation Association and the DSCC urge NEAFC to require that all deep-sea bottom fishing be subject to prior environmental impact assessments and that deep-sea fish species, including those that aren't of commercial value but are caught as "bycatch," are conserved.
More testing will probably be seen and bottom fishing hasn't worked so far; S&P recommends earmarking attractively-valued stocks for purchase when the storm lifts.
Short bottom fishing trips, in fact, from the late afternoon until sunset can pay a good return on the time spent.
Shallow-water grouper are still closed, until May 1, but that doesn't mean that bottom fishing is off the boards.
To discover the sugar-white beaches of the Alabama Gulf Coast that boast some the world's best bottom fishing, visit http://www.
16, 1997--Vulcan Communications today announced it is the first Stock Split Notification Service in the Industry to begin alerting customers on additional selected money making news plays including Upgrades & Downgrades, Earnings surprises, stock Buybacks, FDA approvals and Bottom Fishing plays.
There will be good bottom fishing on the shallower reefs and wrecks through the end of the month, inside 20 miles.
While some bottom trawls routinely kill corals, other forms of bottom fishing, such as scallop dredges, continue to kill millions of unintentionally caught fish, sea turtles and marine mammals every year.
For bottom fishing, one good rigging technique is to pinch off the tail of the shrimp and rig it like a Texas-rigged bass worm: Thread the hookpoint through the tail, out the belly of the bait, and then turn the hook to bury the point in the "chest.
Offshore bottom fishing is consistently productive during February, though there are different ways to approach it depending on how far you want to travel.