Lenny Dykstra 'Nails' Says He Hasn't Made A Losing Trade In 2 Years

Discussion in 'Wall St. News' started by Free Thinker, Feb 10, 2010.

  1. #111     Jul 14, 2012
  2. Wide Tailz

    Wide Tailz

    Bankruptcy while making winning trades.

    :cool:
     
    #112     Jul 14, 2012
  3. #113     Jul 15, 2012
  4. Lenny, they have interwebs access in the can?
     
    #114     Jul 15, 2012

  5. uhmmmm...this is directly from the clip...

    "Dykstra, 49, entered his plea in U.S. District Court to one count each of BANKRUPTCY fraud, concealment of assets and money laundering."

    while news media does get things wrong the poster correctly quoted the clip...YOU need anger management sessions.

    edit...and this tasteful gem at the end of the clip....
    "He also was sentenced this year to nine months in jail after pleading no contest to charges he exposed himself to women he met through Craigslist." ....... perv
     
    #115     Jul 16, 2012
  6. hey lenny.....who's your bunk mate?


    you getting rammed yet?
     
    #116     Jul 16, 2012
  7. Funny how in his MLB career he had to look out for balls to the chin, and now he has to all over again...
     
    #117     Jul 16, 2012
  8. omg :D :D :D :D :p :cool: :D :eek: thanks!
     
    #118     Jul 16, 2012
  9. Bison42

    Bison42

    He's been hit in the head with too many fastballs
     
    #119     Jul 17, 2012
  10. Time for a Nails update!

    Another interesting article about Cramer's friend, wacko Lenny Dykstra, in the NYP.

    http://www.nypost.com/p/news/opinion/books/meet_the_AlkxadaPKBpQGS6VEFs0ZI


    Some excerpts:


    Meet the mutt
    After winning the World Series, former Met Lenny Dykstra looked to win Wall Street as well — until his lies caught up with him
    By LARRY GETLEN...

    ..."After baseball, Dykstra built three luxury car-wash businesses that he eventually sold for $55 million. He purchased Wayne Gretzky’s mansion for $18 million, flew around in a private jet and lived like a king until last decade’s stock-market crash annihilated much of his retirement savings.

    He then spent a year learning everything he could about the stock market, and developed a seemingly effective method for picking stocks. He also befriended financial pundit Jim Cramer, who asked him to write a column for his website, TheStreet.com..."


    "...Frankie explains that Dykstra’s genius at picking stocks may have been something of an illusion. Many at The Street were concerned with Dykstra’s methods, centered as they were around “deep-in-the-money calls,” which involved “throwing more money at losing positions.” While Dykstra would follow a collection of stocks with his readers and accumulated a seemingly impressive record of winners and losers — at one point holding 107 winning picks to just two losers — the structure was such that one loss could potentially wipe out the gain from all the winners.

    But Dykstra — whose idea of fun was to “leave a large amount of feces in the toilet . . . so he could hear the shrieks of the hotel’s grossed-out maids” — heaped abuse on people far beyond ..."
     
    #120     Mar 24, 2013