Used in the context of general equities. Price moving upward, due to an increased level of buyers taking offerings , causing those offerings to vanish and be replaced by higher ones. Antithesis of come in , get hit .
ON THE TAKE
Meaning of ON THE TAKE in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012