Bottom fishing

Bottom fishing, also called legering in the

.

Gears

A common

shoreline

.

Specialized fishing rods called bottom rods or "donkas" are also commonly used for bottom fishing. Due to the lack of a float to relay underwater status to the surface, a quiver tip (often coupled with a jingle bell) is used to signal the fisherman about whether the fish has successfully taken the hook.

The objective for rigs used for bottom fishing is to take your bait to the bottom of the water and lure in the fish. The bait must appear appetizing to the fish. The most common rig used in bottom fishing is called a "fish finder rig". The next rig is called a "porgy rig" for the reason that it is effective on

Other meaning

In stock market terminology, bottom fishing can mean buying the cheapest investments (in terms of valuation ratios) available. Bottom fishing is value investing concentrated on the very cheapest companies. The term can be derogatory as it can imply a lack of attention to the quality of the investments selected.

In

, which will then commonly drive a security's price even lower, at which point the person or entity responsible for the triggering will then buy up those shares. As part of this phenomenon, a security's price will then often rise again quickly above the stop-loss order mark.

See also

• Bottom trawling
• Bottom feeder
• Fishing dredge

Notes

References

• Keyes, Michael J (1992) Modern Bank Fishing: How to Leger - Bottom Fishing Techniques for Carp E a S Publications.
  ISBN 978-0-9634051-0-4