Thursday, October 8, 2015

Dykstra: Why I'm not suing

Dykstra cites his divorce, his new Web site and his "111 and 0" investment record in going easy on for dropping his column

Dykstra: Why I'm not suing


Ex-Phillie Lenny Dykstra writes in an email about his ouster from and his future plans as an investment pitchman:

You know, although I really don't like the way that things went down with TheStreet.Com and how they ditched me in the end, I still feel like the termination of the relationship is much more of a loss for them than me.
"At the end of the day, I just try to appreciate what I learned from the experience and the fact that I am indeed grateful to have had the opportunity. 
"Presently, rather than embroiling myself in another lawsuit (Lord knows I've got enough on my hands with the divorce proceedings. . . .), I figure I should instead just focus my energies on building up to be the type of investment site in which I can truly take pride.
"I realize that it won't be an easy task to win people back, but money talks and all of those who took advantage of my strategy earned the dollars to prove that it works.  Can you believe that I'm 111 and 0 now?  (Even I am a bit amazed at that myself!)  
"By the way, I noticed that you are not yet a subscriber to our newsletter. When will you be joining us as a subscriber so you can take advantage of the 3 picks a week? Just go to and sign up. We're working on making some significant improvements to the site and are committed to providing a top notch service to our members....
"I genuinely appreciate your interest and look forward to welcoming you to the team!

"My Sincere Best, 
Lenny K. Dykstra,
Nails Investments, LLC
Founder & Managing Member"
Didja notice how he got his online address in there three times? He wants $995/year for a subscription. When I checked it out, his PayPal link was down "due to a problem with the seller's website." Not that I was ready to subscribe... I'm still waiting for Dykstra to show how he figures his investment record is "111 and 0."
See also: ESPN's Mike Fish in April on Dykstra's troubles; Phillydeals June 30.
We encourage respectful comments but reserve the right to delete anything that doesn't contribute to an engaging dialogue.
Help us moderate this thread by flagging comments that violate our guidelines.

Comment policy: comments are intended to be civil, friendly conversations. Please treat other participants with respect and in a way that you would want to be treated. You are responsible for what you say. And please, stay on topic. If you see an objectionable post, please report it to us using the "Report Abuse" option.

Please note that comments are monitored by staff. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable. Personal attacks, especially on other participants, are not permitted. We reserve the right to permanently block any user who violates these terms and conditions.

Additionally comments that are long, have multiple paragraph breaks, include code, or include hyperlinks may not be posted.

Read 0 comments
comments powered by Disqus
About this blog

PhillyDeals posts drafts, transcripts and updates of Joseph N. DiStefano's columns and stories about Philly-area business, which he's been writing since 1989.

DiStefano studied economics, history and a little engineering at Penn and taught writing at St. Joseph's. He has written thousands of columns and articles for the Inquirer, Bloomberg and other media, wrote the book Comcasted, and raised six children with his wife, who is a saint.

Reach Joseph N. at,, 215.854.5194 or 302.652.2004.

Reach Joseph N. at or 215 854 5194.

Joseph N. DiStefano
Also on
letter icon Newsletter