Backing Up the Truck

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Buzz Words

Written by Han

Sunday, 27 July 2008 06:26

Slang that refers to the purchase of a large position in a stock or other financial asset by an investor or trader. Typically, when someone is willing to back up the truck on a financial asset, this implies that they're extremely bullish on that asset's performance.

As in if an analyst recommends that it is time to start backing up the truck on XYZ stock, this means that he or she is extremely confident and upbeat about how well XYZ stock will be doing in the foreseeable future.
The term refers to the imagery derived from a truck backing up to a warehouse or some other commercial building to load up goods.

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This story was picked up from Craigslist a while back.

Mom, I know you're there.
Reply to:
Date: 2008-03-11, 4:38PM Mom, I know you’re out there, reading this. How do I know you’re out there? Let’s begin with that ad of mine that you recently responded to, shall we? You know the one I’m talking about. It was entitled, “Mrs. Robinson, are you trying to seduce me?—m4w--22” That ad ran for three days before I got a response, and I can’t tell you, Mom, how my heart fell when I saw the photo that accompanied the response. It was your Realtor’s headshot, the one on your business card. Even worse was the text of your response. I’m so, so sorry I know now what you’d do to me if we ever “hooked up.” On the other hand, Dad must’ve been a very, very lucky guy back in the day. I dunno, maybe he still is.

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