Our portfolio comprises companies with intrinsic valuations abovethe current market due to pricing inefficiencies as these equities are underfollowed and thinly traded.
Fairway Group Holdings, which operates supermarkets in the New York area, surged 4.35, or 33%, to 17.35, on its first day of trading on the Nasdaq Stock Market, after pricingabove its indicated price range.
We watched a quick movie and didn't feel particularly impressed by the volume, but they're slightly above average when compared to the majority of speakerphones on themarket -- especially around its pricing tier.