Stick a fork in ‘em, Lenny’s done.  The former pro ball player turned self proclaimed Wall Street guru Lenny Dykstra is flat out of money.  Broke.  Penniless.

His 6 bedroom, 7 bath California mansion is up on the auction block, and the New York Times suggests that this is just the tip of the iceberg.  Dykstra’s Gulfstream II has been repo’d after the former infielder failed to pay a $228k bill for a new interior and electronic cabin entertainment system.

What’s ironic about all this is that Dykstra’s been touting his “gains” for the last several years on TheStreet.com and other financial blogs.  In fact, after reading his articles, you’d think Dykstra was the only one making money in the market over the last 12 months.

Countless pundits, Jim Cramer among them, have noted how dead-on accurate Lenny Dykstra’s been with his deep-in-the-money calls. One reason, says Cramer, “Lenny brings the same intensity, skill and aggressiveness to options trading as he did to baseball. Lenny is rapidly becoming one of the great ones.” -Source

What’s amazing is that Dykstra is still giving investment advice, for a price, on TheStreet.com.

For a mere $995 per year, you can get Lenny to tell you how to go broke, just like he did!

Of course, if you’re a pro athlete worried about your financial life after sports, Lenny can show you how to manage your money, just like he does through his Players Club Magazine.

Just goes to show, be careful who you take investment advice from.

Finance, Investing bankruptcy, investment advice, Lenny Dykstra