Nails Hammered

Several weeks ago we profiled television talking head and ex-major league baseball player Lenny “Nails” Dykstra.  Lenny’s financial interests are as varied as they come...and he has undoubtly logged a series of 90 hour work weeks since keeping on top of his empire.

Lenny still talks a good game of trash...and the stock picks he offered up on a Saturday episode of Fox News Channel’s “Bulls and Bears” have chalked up reasonable gains in the interim...it was “game on” against Nails in a spirited stock picking contest.

Dykstra Pix 10/20/06

Lenny’s mini-portfolio is heavy on energy exposure and holds bigger-cap names than our sketchy speculative issues.  Quite frankly his stocks bore us to tears. He is holding his own against the indices, although certainly lacking beta if there is an acceleration of momentum in this one-way tape.

The performance numbers below are not quite AIMR compliant but reasonably accurate…

Percentage Gain Since 10/20 market close

ADM -5.5%

UNT +6.9%

YHOO +14.8%

APC +1.9%

DEO +4.4%
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Total +4.5%

The recent froth in this market could make for an insufferable holiday season as lawyers and dentists boast incessantly of their stockpicking prowess while throwing back cocktails.  The StockJockey portfolio is full of small-crap issues which have been tailor-made for the recent ramp.

We are not declaring victory just yet though...Express Scripts has been giving us fits since day one and we have not figured out if the PBM model is FUBAR. Still, we are stuck with the name until year end.

We made it through earnings season in decent shape and will keep an eye on Lenny in our rear-view mirror.

StockJockey Pix

APKT +3.7%

EXLS +36.9%

GPN +5.4%

ESRX -3.0%

DV +17.8%
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Total +12.2%

Grab the peanuts and cracker jack...we are only in the third inning in this game.  And as every sports fan knows, it ain’t over till the fat lady sings.

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