Bought Highveld Steel and Vanadium Coporation HSVLY

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September 18, 2007

I sound like a broken record because I have bought HSVLY before, cept this time I will hold on. HSVLY is the Vanadium and Steel company out of New Zealand. I used to get quite a few New Zealand visitors to SR when I talked about HSVLY before.

The stock trades with a PE under 7 and spits out a dividend of 6.5%. The dividend is growing at a whopping 30% as well.

PS RUT is up 3.3% = 6.6% for funds; NDX is up 2.36% = 4.72% for funds. WHOOO


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