Jake Taylor

U.S. Steel: Growing by LEAPS and Bounds

@ Jase: I do like Largo Resources and some of the other South American plays. MT and GSI are also two others that I follow.

@ kkin365: LEAPS are never as liquid as options, but they do trade roughly at value (after all, they can technically be exercised anytime if the discount is too great). The idea behind buying the LEAPS through is that (1) it leverages your returns long-term (2) you can afford to diversify. GSI = General Steel Holdings.