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And trading discounts have narrowed in the last year.
Olde failed to give him the trading discounts he'd learned about in company literature.
Analysts said that in order for the fund to narrow or even erase its trading discount, it would need something like a successful public offering of one of its portfolio companies.
Kids clubs serve as a promotional tool for such entities, trading discount coupons, exclusive items, a newsletter and other offerings in exchange for family goodwill and a measure of marketing and demographic information.
In the last few days of trading discounts of up to 90% were offered, and a number of stores sold all of their stock, many selling all of their fixtures and fittings too.
Last month, in an effort to revive sluggish trading by its clients, Schwab began offering steep trading discounts to customers with more than $1 million in their accounts, who can pay only $9.95 to buy or sell shares.
He predicted that high demand and low spare capacity will have oil prices continue to hit higher highs and lower lows and in the process convince more investors that energy stocks no longer deserve their boom-and-bust trading discounts.