bottom-fishing


Also found in: Idioms.

bottom-fishing

The strategy of offering ridiculously low prices for large numbers of properties because of the expectation that, statistically, someone is bound to “bite”and accept an offer.

References in periodicals archive ?
Offshore anglers who have been stuck in bottom-fishing mode all winter can now shift gears to target mid-water species.
However, bottom-fishing allowed some recovery before the close.
However, recovery towards the end (132 points recovery from intraday low) - on selective bottom-fishing - allowed KSE-100 to close at 43072.74 points (down 368.44 points).
"We were bottom-fishing off the deep side of the point, and noticed a big blue roll on the surface not far from the boat.
Anglers fishing Lynemouth beach for mackerel have also taken one or two codling, Blyth pier seeing the usual mackerel and anglers, bottom-fishing with bait, have also taken a few codling and coalfish.
"There is bottom-fishing on the market as investors seek cheap stocks for which prices may well boom after elections," said Sherif El-Sweify of Delta Rasmallah Securities.
"There's some bottom-fishing going on." Centrum has been buying shares of state-run companies such as Bharat Electronics, India's biggest communications-equipment maker, Balmer Lawrie, a producer of lubricants, and Dredging Corp.
But at least conditions aren't getting worse a so bottom-fishing investors smell opportunities.
Even the Upper West Side's Apthorp, where elegance and luxury were key marketing points a few years ago, is now plugging its slashed prices and "once in a lifetime" opportunities for bottom-fishing homebuyers.
The ODFW's bottom-fishing advisory committee recommended an eight-fish limit.
Comparisons were made between two depth strata in order to determine how depth may modulate the response of epifauna to bottom-fishing disturbance.
Although some questioned just how much private money is available, given the flight to tech stocks, many spoke of bottom-fishing opportunities, such as stalled acquisitions that could be repackaged for sale to third parties.