I've been critical of allegedly steroid-pumping baseball player turned options trader turn TheStreet.com pundit Lenny Dykstra for awhile. I recently asked "Do you really want to take options trading advice from a guy who got his job as an investment guru at least in part because he sent Jim Cramer's sister a signed poster?"
Now Forbes is making a startling accusation: "Yet a close look at Dykstra's portfolio raises doubts about whether the baseball All-Star turned TheStreet.com (NASDAQ: TSCM) guru has been picking many of those stocks or relying on a seasoned stand-in."
The juicy dirt comes from a lawsuit filed against the former slugger by Doubldown Media, a publisher that had been collaborating with Dykstra on a newslettter: "At Dykstra's insistence, Doubledown began negotiations to pay Richard Suttmeier, a stock analyst, to provide Dykstra with research assistance for the Dykstra Report and who, upon information and belief learned subsequently, provided Dykstra lists of recommended stocks daily."
Now Forbes is making a startling accusation: "Yet a close look at Dykstra's portfolio raises doubts about whether the baseball All-Star turned TheStreet.com (NASDAQ: TSCM) guru has been picking many of those stocks or relying on a seasoned stand-in."
The juicy dirt comes from a lawsuit filed against the former slugger by Doubldown Media, a publisher that had been collaborating with Dykstra on a newslettter: "At Dykstra's insistence, Doubledown began negotiations to pay Richard Suttmeier, a stock analyst, to provide Dykstra with research assistance for the Dykstra Report and who, upon information and belief learned subsequently, provided Dykstra lists of recommended stocks daily."
Google's plan for netbook PCs moves higher into the clouds
Closing Bell: Stock bulls and dollar death (DDRX,GMCR, PEET, SBUX, EBAY, CI, TECD)
So long peak oil, here comes peak uranium
