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Used in the context of general equities. Indication gained from their trading and inquiry activity that buyers and/or (more often) sellers are in the market and should be found to get their order. "Feels like IBM is 'out there'."
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Informal; a subjective assessment stating that sellers or (occasionally) buyers are in the market because they are looking for a transaction on a security. For example, if AT&T is described as "out there," it usually means that investors are looking to sell shares in AT&T.
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