Back up the truck(redirected from Backs Up the Truck)
Back up the truck
In the context of general equities, "Prepare for a very large buyer."
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Back Up the Truck
Informal; to take or recommend an extremely bullish position, especially with a large investment. For example, if one believes that Stock A will soon rise in price, one may back up the truck on that stock by investing a particularly large amount of money in a long position. Backing up the truck implies a great deal of confidence in the proposed investment. The term derives from the image of a long-haul truck backing up to a warehouse to load up.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved