With all the news, turmoil and opportunities in the stock market this week, you may have missed some of the great calls, and resulting great profits, that some of our ace contributors made.
Lenny Dykstra, the former baseball great who has turned himself into the wizard of options, hit the ball out of the park several times. I can't say enough about Lenny's options acumen, and fortunately I don't have to now because his stellar results speak for themselves.
Within the past week, Lenny grabbed four substantial options wins, which he had highlighted in his premium service,
. One of his biggest was his options pick on
, which he highlighted for subscribers Aug. 13. In a little more than a month -- 36 days to be exact -- Lenny's options play on Garmin netted him an $8,100 gain.
Lenny highlighted his June 13 options pick on
, and that pick brought home a $7,100 gain. (This pick was made prior to Nails on the Numbers being offered on TheStreet.com.) Lenny's two other wins came very quickly once he highlighted the picks to subscribers on Nails on the Numbers.
Within 10 days of initiating his options call on
on Aug. 29, Lenny rang the register -- to use his lingo -- for a $4,100 win. Lenny's call on
was virtually an immediate winner. Lenny highlighted an options pick on Wachovia to his subscribers Wednesday, and one day later, had notched a $1,000 gain.
By Lenny's count, he is 67-0 with his options picks on Nails on the Numbers. If you'd like to get in on future wins with Nails on the Numbers,
to take a subscription.
While Lenny was racking up wins, Doug Kass was delivering analysis that produced profits for subscribers who followed his advice on RealMoney Silver, a premium site within TheStreet.com Network. Kass, who is the president and founder of Seabreeze Partners Management and a long-time contributor to TheStreet.com, was the first to say that Freddie Mac and Fannie Mae were insolvent in one of his commentary pieces on RealMoney Silver.
July 10 before the carnage began.
Doug had another bonanza call last Friday. Doug went long
on Friday and
for the weekend of turmoil, or in this case, opportunity when
Bank of America
bought Merrill for $29 a share.
Doug has been an ace commentator for
for many years -- more than seven if my count is correct -- and his commentary over the years has been dead on. Some of Doug's posts appear occasionally on
, one of our premium sites, but his commentary is the anchor of
, a compilation of several of our premium properties, including
. If you would like to read Doug every day, please
Again, our contributors are here for you, and to help you make profits in whatever type of market we are in. I'll keep you posted on other calls they you may have missed.
David Morrow is editor-in-chief of TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks, though he owns stock in TheStreet.com. He also doesn't invest in hedge funds or other private investment partnerships. He appreciates your feedback;
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