Jul 09 2009
Lenny Dykstra: Not Exactly the Stock Picker We Had Hoped For
From MLB
Lenny Dykstra, a former star center fielder for the New York Mets and Philadelphia Phillies, has filed for Chapter 11 bankruptcy protection, Reuters News Service reports.
Dykstra, 46, filed a petition on July 7 with the U.S. Bankruptcy Court in the Central District of California claiming no more than $50,000 of assets and between $10 million and $50 million of liabilities.
It wasn’t too long ago I saw an HBO Real Sports Program solely dedicated to Lenny. In fact he was endorsed by Jim Cramer as being one of the “great ones” in stock picking.
So what the hell went wrong? I guess having the name “nails” probably doesn’t help. Also fudging the fact that you have car washes that are worth $50MM doesn’t help much either.
Let’s face it man. Dykstra is meant to be one thing and one thing only: A high school baseball coach. How awesome would be be? Seriously.
Lenny ain’t no businessman.
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