Meaning of bottom fishing | Babel Free

Definitions

1. Fishing with bait, lines, and other gear used to catch aquatic creatures which inhabit the lowest regions of a body of water, including a seabed or riverbed.
   uncountable
2. Buying, or seeking opportunities to buy, investment securities or other valuable properties at a time when markets are depressed and prices are low.
   idiomatic, uncountable

Examples

“So should you put a few bucks into commodities while they're dirt cheap? . . . Because of their low correlations with stocks and bonds, you may want to consider bottom-fishing in futures now, either to speculate on an upswing or insulate the rest of your portfolio against any downturns.”

“Bottom fishing for bargains in the stocks of distressed companies is a surprisingly popular sport.”

““Bottom fishing during and after financial crises is nothing new,” says Jerry Haar, a professor at the business school of Florida International University.”

“But the activity was concentrated to a few days with active traders swooping in when the stock hit its 52-week low, leading to speculation the investors were largely bottom fishing.”

CEFR level