UK Accounting Glossary
A bottom fisher is an investor who attempts to buy stocks at or near their lowest price. A bottom fisher is looking for bargain-priced stocks which the investor believes have nowhere to go but up in price from their current level. A bottom fisher is similar to a market timer insofar as the bottom fisher is attempting to buy at or very near a market low. A bottom fisher may use historic lows when judging if a stock is at its low, or a bottom fisher may use fundamental and/or technical analysis of a stock to determine a likely low for a stock. A bottom fisher may simply buy a stock after any major decline on the belief that any sharp decline is followed by at least a partial retracement of price.
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This glossary post was last updated: 4th February 2020.