Just in case anybody missed the other link that Eprado posted, this is what was on a recent newsletter, and the other one I posted was the current website tally. That he "left out" that horrendous -$200K loser is very sleazy. He might as well just admit it and say something like "Yeah, we had that big loser. But the other trades made money in a historically bad market..." Still, a terrible strategy that is going to wipe out a few people. <img src="http://cache.gawker.com/assets/images/deadspin/2009/04/nailsonthenumbers.com"/>
I as well as others have been calling Cramer on this imbecile Dykstra for almost 2 years. I judge a man by the WORST he's willing to do, and Cramer's endorsement of this thief ranks him pretty low on the scale. Amazing TSCM isn't pink sheets at 5 cents by now. must be all those idiot college kids.
Like gaj said, Smith went to minyanville. He told Lenny a few times that Lenny's strategy was doomed for eventual failure. Dyskstra is mostly just a "street hustler" kind of guy. He is not an options guy and has no chance of picking up subtle points about these mathematical derivatives. He is also a gambler and doubles down to destruction. Minyanville.com is an okay trading site with some free and some pay commentary Some of it is interesting. There are more than a few ex-TSCaMers there. Todd Harrison used to trade for Cramer and write for TSCM. I suspect he couldn't stand working for that slimy jerk and started his own site. Good trading to all.