bottom fishing

/'bɒtəm ˌfɪʃɪŋ/ noun
the act of buying shares when they are falling or have fallen substantially, in the hope that they will rise again (informal)

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • Bottom fishing — Bottom fishing, called legering in the United Kingdom, is fishing the bottom of a body of water. A common rig for fishing on the bottom is a weight tied to the end of the line, and a hook about an inch up line from the weight. The weight can also …   Wikipedia

  • bottom fishing — ˈbottom ˌfishing noun [uncountable] the activity of buying shares in companies when the price is very low, and is not likely to become lower: • Bottom fishing can be a risky business, because shares are usually sold cheaply for a reason. * * *… …   Financial and business terms

  • Bottom Fishing — Investing in stocks that are cheap because of a problem with the company or the economy. A bottom fishing investor speculates that the stock s depressed price is temporary, will recover and make for a profitable investment. Bottom fishing is a… …   Investment dictionary

  • bottom fishing — n. seeking something at its lowest price; seeking something at a low cost and willing to accept inferior quality. □ I don’t think bottom fishing for stocks is always wise. There is always a good reason why the price is low. □ Bottom fishing… …   Dictionary of American slang and colloquial expressions

  • bottom fishing —  Buying stocks that have significantly declined in value.  ► “The bullish school . . . figures that the Mexican markets have passed their darkest hours and that it is time to start bottom fishing for bargains.” (Barron’s, April 24, 1995, p. MW7) …   American business jargon

  • bottom fishing — noun : fishing designed to catch bottom fish in which natural bait is usually used and the sinker or hook rests on or near the bottom …   Useful english dictionary

  • bottom-fishing — noun Date: 1975 the practice of making purchases (as of stocks) when prices appear to be at their lowest point • bottom fisher noun …   New Collegiate Dictionary

  • bottom fishing — The practice of seeking out very low priced shares to invest in, or of waiting until the market as a whole is low before investing, in the hope of making a profit when prices rise …   Big dictionary of business and management

  • Bottom trawling — The Celtic Explorer, a research vessel engaged in bottom trawling …   Wikipedia

  • fishing — /fish ing/, n. 1. the act of catching fish. 2. the technique, occupation, or diversion of catching fish. 3. a place or facility for catching fish. [1250 1300; ME fisshing. See FISH, ING1] * * * or sport fishing Sport of catching fish freshwater… …   Universalium

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