My $10000 Dollars

Do you guys remember when Jim Cramer was praising the “legendary” Lenny Dykstra and his ability as an investor?  If not, watch this clip first:

Mr. Cramer.  You’ve done some stupid things before but calling Lenny a sophisticated investor is such a dumbass move.  Now Lenny Dykstra files for chapter 11 bankruptcy with $10 to $50 [...]

Since uptick rule was a hot topic today..figured I’d revive this old video from 2008 on uptick rule and Jim Cramer.

Today I closed my long position on UCO.  If you recall, this was a complete accident but I ended up benefiting from it since UCO gained pretty significantly in the last two days.  I still have my POT (put option) which will probably expire worthless even though POT price is lower than when I bought [...]