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What is bottom fishing in stock markets?

What is bottom fishing in stock markets?

Monday, June 12, 2017, 11:49 AM

In stock markets, when the indices hit multi-year and multi-month lows due to some factors, generally traders and investors are advised to take the benefits of bottom-fishing. Bottom-fishing is an investment strategy wherein an investor seeks to identify the near bottom point of a share i.e. in respect to its share-price which is deemed to be highly undervalued or available at highly discounted prices.
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