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 ?
These were decent chaps doing decent jobs, not riff-raff and economic bottom-feeders who, when they disrupt the normal flow of life by the withdrawal of labour or worse (gasp!) picketing, are invariably deemed to be `holding the country to ransom'.
Quality varied, from appointments with most primary customers and some good leads to several retailers not bothering to come to too many bottom-feeders seeking closeout merchandise.
Carp, nonnative bottom-feeders, root up aquatic plants that ducks need for food.
One can easily imagine that the freedom and autonomy Hickey describes when he writes in his Air Guitar about his activities as a dealer apply to Konrad Fischer as well: "I had this idea of an art made for the living, you see-of an art that may flourish in that crazy zone between the priests of institutional virtue and the bottom-feeders of commercial predation." Hickey's "shop," as he prefers to call it, probably had little in common with the Fischer venture, but the "nervous, anxious, vertiginous, heartrending fun" of showing art that one loves is what the people running these rare kinds of places shared.
Emerging markets are the leaders in this bottom-feeders division.
The other system is the multi-employer system, a voluntary organization of unions and employers, typically very small firms, that don't have market power individually but want to get rid of the "bottom-feeders," or those companies that come into a market and don't pay their workers enough or provide good benefits.
Her message to voters was that her opponents were such vile bottom-feeders that she had to set some civilized ground rules on behalf of common decency.
Anyone interested in the hotter dimensions of the Cold War and the criminal role of these Foggy Bottom bottom-feeders should read Michael McClintock's brilliant book, Instruments of Statecraft: U.S.
The Hawks desperately need to take advantage of an upcoming three-game homestand against bottom-feeders Buffalo (7-17-4), Arizona (7-18-5) and Florida (10-13-4) to regain confidence and keep Western Conference wild-card teams in their sights.
But bottom-feeders were dismissed like rude guests, according to Paulette Koch, an agent with the Corcoran Group who has trafficked in island homes, often with her son, Dana, for 30 years.
Mike Lehnert called payday lenders "parasites, bottom-feeders and scumbags."