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

Equivalents

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