April 2006 is now in the history books.
A well-chronicled baseball adage states, "You can't win a championship in April, but you can lose one." Witness the Phillies of 2005, who fell one game short of a wild card berth after having a miserable April.
Unfortunately, history has repeated itself, in that the Phils have again sputtered in April. Meanwhile, my other former team, the Mets, have sprinted out of the gate to a six-game lead in the National League East. Tom Glavine continues to pitch extremely well, with an ERA of 2.29, and the team's key off-season acquisitions -- first baseman Carlos Delgado, catcher Paul Lo Duca and closer Billy Wagner -- continue to make significant contributions.
The Yankees and Red Sox sit atop the American League East and begin a two-game series today at Fenway. The remainder of last year's playoff teams are either leading, or are "right there," in their respective divisions.
Although there are still some unfamiliar names among the April statistical leaders, the "usual suspects" are starting to dominate the headlines. The Cardinals' Albert Pujols established a major league record with 14 home runs in April, while the Cubs' Greg Maddux, at age 40, went 5-0 in 5 starts, with an ERA of 1.35. Chris Shelton, the relative unknown in the group, broke a Tigers record by hitting 10 homers in April.
Baseball's leaders tend to exhibit similar characteristics to companies that qualify for my deep-in-the-money call strategy: They have long records of success.
I believe it is important to update you on the track record of my deep-in-the-money calls. So I want to provide readers with these links to the last 20 trades I've written about. I will continue to do this moving forward, so that you can capture a true picture of the success, or lack thereof, concerning my deep-in-the-money calls approach. In this way, I can continue to educate you about my approach, with actual examples to aid in the learning process.
It's important to note for new readers that on each trade I place a good-till-cancel order to exit the trade at a profit of about $1,000. This sometimes means I exit a trade the same day I enter it, and the trades sometimes make more than $1,000. But the key here is the process, and for that I offer you these past columns, which shows this approach across a variety of stocks.
Dec. 12, 2005, and flagged a trade in
( LYO) on
caught a mention on
Jan. 10, the same day I flagged
was featured on Jan. 17.
There were balls flying around the park on
Jan. 23 , as I took swings at
and took another swing at
was featured on
was played on
Feb. 13 . This one showed the importance of patience, as the stock fell, and I
of the calls, and it too was ultimately a winner.
got featured on
stepped up on
, which I featured on
got a third turn at the plate on
took a run on
had its moment in the sun on
April 10, and staying with the pharma group,
was featured on
At the time of publication, Dykstra was long DELL, DOW, FPL, LLY, INTC, MSFT and HW.
Nicknamed "Nails" for his tough style of play during his Major League Baseball career, Lenny Dykstra was an integral member of the powerful Mets of the mid-1980s, including the world champion 1986 squad, and the Phillies in the early 1990s.
Today, Dykstra manages his own stock portfolio and serves as president of several of his privately held companies, including car washes; a partnership with Castrol in "Team Dykstra" Quick Lube Centers; a state-of-the-art ConocoPhillips fueling facility; a real estate development company; and a new venture to develop several "I Sold It on eBay" stores throughout high-demographic areas of Southern California.