hit bottom

hit bottom

The reach the lowest or worst point of a decline. I knew I had hit rock bottom when I missed my son's birthday party. That's when I knew I needed to get help. It's been falling in price for weeks, but I think the stock has finally hit bottom.
See also: bottom, hit

hit bottom

Fig. to reach the lowest or worst point. Our profits have hit bottom. This is our worst year ever. When my life hit bottom, I began to feel much better. I knew that if there was going to be any change, it would be for the better.
See also: bottom, hit

hit bottom

Also, touch bottom. Reach the worst or lowest point. For example, When he lost his job again they knew they had hit bottom, or When wheat prices touch bottom, the farmers will be up in arms. [Second half of 1800s]
See also: bottom, hit
References in periodicals archive ?
For decades, substance abuse treatment was stuck with an accepted myth that people could only decide to change after they had hit bottom.
He took time out to enjoy "a gaudy girl-filled life in Los Angeles" - but quickly went back to business, making a fortune during The Great Depression by buying shares in firms that hit bottom.
The firm said while pressure on prices eased in the second quarter, it was unclear if the market had hit bottom, or whether prices would fall again.
But ANA President Shinichiro Ito said, "Business demand is on a recovery track, and the downtrend in passengers has hit bottom.
Every week, it seems the UN finds a new way to hit bottom," she said.
Eurozone manufacturing activity sank deeper in May, hitting its lowest level in three years as employers shed jobs and crisis-struck Spain hit bottom, a key survey showed.
I've hit bottom every time I fish when I'm on the trolling motor.
But the real headline was that the firm is predicting home prices to "finally hit bottom later this year.
and Cuba had hit bottom after the Cuban Missile Crisis, most things in English were perceived as American and therefore treasonous.
Though the banks are trying to work through the foreclosure mess as quickly as possible, putting a blanket moratorium on foreclosures now "will be a disaster for banks and the housing market, and the market won't hit bottom," said Steven Moore, senior economic writer for the Wall Street Journal, in the CNBC video above.
employment conditions are beginning to hit bottom, briefly rising to 88.
Prices peaked in June and hit bottom in February in both cycles.
There has been some hope that it may have hit bottom in the first quarter.
HOUSE prices could fall another 10 per cent before they hit bottom.
Energy demand may have hit bottom, said an official of an investment advisory house.