Any investment strategy that relies on buying extremely cheap; an extreme form of value investing.... more on: Bottom fishing

Buying stocks whose prices have bottomed out or fallen to low levels. Value investors favor this investment technique.

Investors using a bottom-fishing strategy look for shares that they consider undervalued because the prices are low. The logic of bottom fishing is that share prices sometimes fall further than a company's actual financial situation warrants, especially in the aftermath of bad news, and can rebound dramatically, providing a healthy profit.