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 ?
Inevitably, all the big fish feed off the smaller, weaker inhabitants and leave the surviving bottom feeders fighting for the scraps while terrified to leave their safe havens.
The Tornadoes have made up considerable ground in the Can-Am League standings by beating up on the league's bottom feeders - Newark, Rockland and New York - during the last four weeks.
He took the Cavs, who were bottom feeders in the NBA, to the playoffs and kept them there for five straight years, despite what many consider to be a poor supporting cast.
But quaggas will have done that job before the 20-pound bottom feeders can even get a toehold, he said.
They tend to be bottom feeders, so they will rarely take a pirk.
Plan Nine published four books by King Features Syndicate and online comic creator Bill Holbrook: Surviving Y2K (an "On the Fastrack" collection), Bottom Feeders ("Safe Havens"), and Election Night Fever and Booth Bunnies ("Kevin & Kell").
KMS Records host one arch with Kevin Saunderson, The Bottom Feeders and The Closer, with Junior Boys Own hosting the second arch with Terry Farley, Futureshock and Peace Division.
He warned participants at Perspectives in Medical Management that those that don't take the bait and form physician/hospital organizations (PHOs) now will be tomorrow's bottom feeders.
In some Michigan rivers and streams, bottom feeders have accumulated up to 120 parts per trillion of TCDD, the most toxic of the dioxins.
These animals are mainly bottom feeders and it is very easy for them to pick up discarded or lost fishing line, hooks and floats which then gets swallowed or caught in their beaks.
The bottom feeders edged a nail-biter by just four runs after they set the home side a target of 234.