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You're at a fruit market. But, instead of just being able to buy apples at this fruit market, you can also sell fruit.
You're not a farmer, so you come to the market to buy some apples and you see two fruit stands. Fruit Stand A on the left
is buying and selling apples at 50 cents apiece. However, Fruit Stand B on the right is buying and selling apples at 53 cents
apiece. People are buying and selling apples at these two stands all the time, and the price at a stand could change at any
moment. But, while you're there, apples are 50 cents and 53 cents, respectively.
You're a smart person, and you quickly
realize that you can buy apples from Stand A and then sell them across the street to Stand B and make a 3-cent profit. But
you have to do it now; you can't wait. So you buy all the apples at Stand A and then run to sell them all to Stand B.
Congratulations.
You've committed fruit-stand arbitrage.
Arbitrage is exactly that: the selling of the same item between two different
markets to make a profit off the mathematical differences in price. However, it's not apples that are traded--the goods in
question are usually stocks, currencies and other securities. Arbitrage happens when you get a stock, usually a common one
like General Electric that's traded on multiple markets (Japan, Hong Kong, U.S., etc¿). The stock is usually worth within
fractions of a penny the same on each of those markets. However, there are often some minor variations.
People who
participate in arbitrage take advantage of these variations--and make a ton of money doing it. As seen in the fruit stand
example, you can make a "riskless profit" from buying and selling apples between different markets.
There are some
big hedge funds that make almost all their money off arbitrage. But, despite this simple example, arbitrage is mathematically
complex--and involves a good portion of risk if you don't know what you're doing. You probably won't be able to participate
in arbitrage directly, but you can always invest in a mutual fund that does.
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Tuesday, July 01, 2008
The Shape of Things to Come: Website Gives the Lowdown on Liposuction, Pioneers the Field by Offering Consumers $800 Coupons Toward Procedures
Comtex
LAS VEGAS, July 1, 2008 /PRNewswire via COMTEX/ ----Just as new surgical procedures are breaking ground daily in the field of liposuction, a recently launched website is breaking ground for patients. LipoVance.com (http://www.LipoVance.com) is not only educating consumers about the various procedures available, it is offering an unprecedented $800 coupon toward liposuction and liposuction alternative procedures at facilities across the country.
"In today's troubled economy," said Kevin Gaines of parent company New Found Beauty, "consumers demand service and value. LipoVance.com offers both." He notes that quality has always been a concern to prospective patients, but with a recession looming, cost is of equal concern.
To save $800, visitors can simply download and print a coupon to present at their initial consultation. Another unique way consumers can save is by participating in the online forum at http://www.newfoundbeauty.com. Consumers earn credit for every post entered. These credits also can be redeemed toward the cost of a procedure.
"We want to encourage participation in the forum," said Gaines, "because many people have similar questions regarding liposuction and other procedures. Our forum is designed to help consumers make informed decisions."
According to the American Society for Aesthetic Plastic Surgery, 11.7 million surgical and nonsurgical cosmetic procedures were done in the U.S. in 2007, up 2 percent from 2006. Topping the list of cosmetic surgeries was liposuction.
Gaines said one reason liposuction is becoming increasingly popular is because of continual advances in the technology. LipoVance.com offers discounts on the following cutting-edge technologies, all of which were introduced to the public within the past few years: SmartLipo (laser-assisted liposuction), Velashape (non-surgical fat reduction), Lipodissolve (fat-melting injections), Thermage (non-invasive body contouring), and Vaser (ultrasound-assisted liposuction).
LipoVance.com is the only website where patients can save money on their procedures at locations nationwide. Furthermore, the procedures are not limited to those listed above but also include: TriActive (laser treatment for temporary cellulite reduction), Accent Thermotherapy (non-invasive advanced radio frequency), CoolLipo and LipoLite (laser-assisted liposuction) and LAP-BAND(R) (food intake control that involves no cutting or stapling of the stomach).
As the site's name implies, LipoVance.com offers many advanced features: -- Live advisers ready to explain the different procedures available, in real time -- The ability to search for a local physician -- eliminating the need to hunt through search engines -- A compelling before/after photo gallery -- Straightforward customer testimonials -- Personal response to email queries by experts, not with generic or automated replies
LipoVance.com is viewed by more than 500,000 visitors per month, referenced by more than 4,000 websites, and broadcast to 80,000-plus journalists. For more information, visit http://www.LipoVance.com.
Contact: Kevin Gaines Marketing/Communications LipoVance 702-202-4436 kgaines@lipovance.com
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
SOURCE New Found Beauty
http://www.LipoVance.com
Copyright (C) 2008 PR Newswire. All rights reserved
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