Long term CALL options still looking good but up to 100% up from lows already.
Several months ago Cramer was recommending options as relatively risk free ways of leveraging a long position. From what I understand, "Regis" was also advised (by analysts) to do the same just a few weeks ago while being interviewed on television.
The upside is just incredible, if you have a strong stomach. There is nothing like a ten cent change in stock price translating to a 50+% rise in your options. Of course, it can go the other way too.
If you are even thinking about this, play around with play money (or no money) first, it's easy and fun.
Good luck longs! Almost "our time to shine" if the mgmt promises do indeed pan out (and the Chinese are in fact honest about their intentions to clamp down on illegal mines and environmental devastation, not to mention subsidizing their own industry's huge losses.... you would NEVER see that in the US (unless it was the banking sector, or possibly GM)
