On days after big one-day selloffs, stocks often rebound as investors hunt for bargains, and some money managers said Monday that they were considering doing some bottom-fishing on Tuesday. ❋ E.S. Browning (2011)
One reason for the possible bottom-fishing is investors' expectation that the federal government wouldn't let the state default, despite a lack of precedent for that scenario. ❋ Michael Corkery (2011)
"It's a bit early for bottom-fishing in commodity stocks, because these things tend to overshoot, but I think the bulks will hold up because the fundamentals haven't changed," said RBS Morgans investment adviser Chris MacDonald. ❋ Colin Ng (2011)
"Investors become so attracted to this fund because of the bottom-fishing mentality," said David Fry, founder of ETF Digest, an investment newsletter. ❋ Unknown (2009)
The market reaction could have been bottom-fishing by Wall Street. ❋ Unknown (2008)
Deryck Maughan, who was there bottom-fishing for private-equity firm Kohlberg Kravis Roberts & Co. ❋ Unknown (2008)
"That's a dangerous thing when you combine it with a clear bottom-fishing mentality," or lack of conviction among buyers even during market rallies. ❋ Unknown (2008)
They haven't gone bottom-fishing in the financial sector yet. ❋ Unknown (2008)
I remember in the summer of 2000, after the disastrous March decline of the prices of dotcom stocks, someone was attempting to sell shares in a bottom-fishing hedge fund that would pick up dotcom bargains. ❋ Unknown (2008)
And he has bought into a top-tier banking franchise, rather than bottom-fishing for distressed assets. ❋ Unknown (2008)
The theory is that the market can rally on bottom-fishing -- no matter what the spark -- as it did last week. ❋ Unknown (2008)
"That's a dangerous thing when you combine it with a clear bottom-fishing mentality." ❋ Unknown (2008)
Do you think once the fears of the immediate crisis subside there'll be more bottom-fishing in real estate? ❋ Unknown (2008)
Warren Buffett's lowball bid for the municipal bond insurance business certainly smacks of somebody who figures a little bottom-fishing right now just might drop a ridiculous bargain in his lap. ❋ Unknown (2008)
Rockstar, king of controversy, knows how to walk right up to the age-appropriate line, taunting those of us who, in truth, wish they would use some common sense themselves and stop with all the bottom-fishing entertainment. ❋ Unknown (2008)
Investors engaged in some bottom-fishing among housing-related stocks and also appeared to focus on the positive in an existing-homes report for November that showed sales managed a modest increase, the first in nine months, although prices tumbled. ❋ Unknown (2008)
USES: Carolina-rigging soft-plastic bass lures; drifting and bottom-fishing live bait for everything from trout to stripers. ❋ Unknown (2006)
Perhaps nowhere is the carnage -- as well as the opportunities and risks of condo bottom-fishing -- more evident than in Miami-Dade County, where about 25,000 condos are currently for sale, according to Multiple Listing Service statistics. ❋ Unknown (2008)
Fly rods are notoriously short on lifting power, which is why youdon't use them in bottom-fishing for grouper or halibut or for that matter forwinching up a sounded marlin. ❋ Unknown (2006)
Miami has a new vice: bottom-fishing for condo bargains. ❋ Unknown (2008)
