Wht bother with Tootsie when you can own these Pharma companies 5 that never go down:
BMY--will hit 97 a share in 2014
LLY --will reach 112 a share in 2014
PFE --will reach 78 a share in 2014
MRK--wil reach 100 a share in 2014
Begs the question? With 5 percent yields, why not these ? Tootsie has zero growth.
Tootsie is a cash machine, and with the stock dividends and with cash dividends reinvested it hasn't been the worst holding in the world over the past 10 years. Doesn't do as well as "hot" stocks in go-go markets and doesn't do as poorly in terrible markets. Plus, let's face it, once the Gordons decide to retire the company in all likelihood will be sold.