Dykstra looks and sounds like a sports goofball. Anyone following the clown WANTS to be butt#$%ed. Ben Dover?
venturacountystar.com Lenny Dykstra's wife files for divorce Former baseball star also faces foreclosure By Raul Hernandez Friday, April 24, 2009 related linksMore from Conejo Valley * Trader Joe's store coming to Agoura Hills * Thomas Aquinas College remembers its late leader * Thousand Oaks police tweeting on Twitter The wife of former baseball star Lenny Dykstra, who is facing possible foreclosure on his Lake Sherwood home in Conejo Valley, has filed for divorce. Terri Dykstra of Thousand Oaks filed for divorce in Ventura County Superior Court on April 16, listing irreconcilable differences. She is requesting joint custody of the coupleâs 13-year-old son, according to court documents. Two houses in Thousand Oaks owned by the couple are listed as community property. The couple were married more than 23 years and were separated on April 3, court documents show. Lenny Dykstraâs lawyer, Daniel Noveck of West Hollywood, said Thursday that he is handling Lenny Dykstraâs civil cases, which were filed in Los Angeles and Ventura County, but not his divorce. Terri Dykstraâs attorney, Kevin Mooney of Woodland Hills, declined to comment. Stories about Dykstraâs personal acquisitions after baseball, his financial woes and legal battles have aired on HBO, ESPN and been published in sports magazines. Public records show the 12,713-square-foot Georgian estate, originally built for hockey legend Wayne Gretzky, could be months away from foreclosure. Dykstraâs lender, Index Investors LLC, filed a default notice on March 11 that states he was behind on his payments in the amount of $422,436. In addition, lawsuits filed in Ventura County Superior Court claim he owes: $4,850 for pilots and maintenance fees for a two-day trip he took over Christmas; $12,000 for chartered aviation services in connection with his magazine, The Players Club (the complaint states Dykstraâs Visa card was declined); and more than $290,000 to Las Vegas printing company Creel Printing and Publishing Co. for printing services for The Players Club. The magazine folded in April 2008, shortly after it was launched. Dykstraâs major league career spanned from 1985 to 1996 with the New York Mets and Philadelphia Phillies. He recently filed a lawsuit against a Minnesota company that he hired to create a Web site for one of his businesses. E.W. Scripps Co. © 2009 Ventura County Star
"Many of my subscribers were anxious to see how I would play out the Intel position. The stock was trading in the $20s when I bought the $15 calls in September. The position turned into a nail-biter after the bottom dropped out of Intel. Global markets crashed Oct. 10, pushing my position out of the money. My system buys DITM positions to avoid situations like this, but I still have ways to get out of a tight corner brought on by such extraordinary events. I took action, making repeat buys on my options position at the new, lower prices, which lowered my average costs. But by February - with an April 17 expiration looming - the market still had not exceeded my average cost, which would have enabled me to cash out. It was time to get serious. On Feb. 9, I instructed subscribers to double down. I bought 410 contracts, bringing my total to 820. This lowered my good-till-cancel sell price to $2.00 - still too high for the market, but now within reach. And I continued buying. On Monday, April 13, with my average costs at $1.40 a share on 880 contracts, I alerted subscribers to sell at $1.50. I walked away with a $7,150 profit. And I put another notch in my win column." Ole Lenny sunk $112,000 into this one trade. Could have easily been another DOX. Hope nobody is dumb enuf to follow this guy... That Cramer, or any investment "pro" would endorse this is amazing. I don't know but I suspect this kind of thing at TheStreet is why their former Options guy, Steve Smith, went over to Toddo's place. And Lenny, Lenny, Lenny, didn't your mom teach you not to lie and misrepresent? Where the hell is the -$210K LOSING Amdocs trade??? Oh yeah, this is just the winners. DOX must be on another page! <img src="http://thelennydykstrareport.com/news/wp-content/uploads/2009/04/lkd-stat-book-2009-04-23.jpg"/>
It is a very similar strategy. It's called taking winners quick and holding onto losers until they blow out your account.
Could this be the scandal that finally brings down Jim "Jimbo" "Crames" Cramer? After all he's been through, after dodging multiple bullets, does this end the last fabricated stitch of credibility the man has? Tune in next week, same time, same thread, to watch Jim self - destruct and approach............"The Madoff Zone".
As Cramer says about Dykstra in that video: No wonder Cramer decimated people's accounts with his advice.
What a damm train wreck. He let money cuase him his wife, home, family as soon, his health.. Bon Vonyage Lenny,,, hardly knew ya. . And yet another horrible call/pick for Cramer, honestly the guy should be in prison. EF
Yes. For example: 20 ES Trades: 19 are .50 (2 tick) winners 1 is a 15 point loser. (60 ticks) Great winning %. Horrible strategy. Don't laugh..I have seen a few people over the years do things like this.